Which of the following is transacted when it is desirable to move out of one currency into another for a limited period without incurring foreign exchange risk?

Question

Quizplus · Accepted Answer

Swaps are transacted between international businesses and their banks,between banks,and between governments when it is desirable to move out of one currency into another for a limited period without incurring foreign exchange risk.

Which of the Following Is Transacted When It Is Desirable