A cross currency interest rate swap involves:
A) two fixed interest rates on two currencies
B) two floating interest rates on two currencies
C) a fixed interest rate on one currency and a floating interest rate on another currency
D) two fixed or floating interest rates on two currencies, neither of which is the U.S. dollar

Question

Quizplus · Accepted Answer

A cross currency interest rate swap typically involves exchanging a fixed interest rate on one currency for a floating interest rate on another currency, allowing parties to manage interest rate and currency exposure.

A Cross Currency Interest Rate Swap Involves