A ________ is the term used to describe a foreign currency agreement between two parties to exchange a given amount of one currency for another, and after a period of time, to give back the original amounts.
A) matched flow
B) currency swap
C) back-to-back loan
D) none of the above

Question

Quizplus · Accepted Answer

The term used to describe a foreign currency agreement between two parties to exchange a given amount of one currency for another, and after a period of time, to give back the original amounts is a currency swap. Option A, "matched flow" is an unrelated term. Option C, "back-to-back loan" refers to a loan where two parties lend to each other, typically in different currencies, and is not the same as a currency swap. Option D, "none of the above" is incorrect as option B, currency swap is the correct answer.

A ________ Is the Term Used to Describe a Foreign