Currency swaps silently set the stage for a lot of economic activity worldwide. According to the latest reliable data, global daily currency swaps in 2022 was about $400 billion, around 5% of the $8.1 ...

China and South Korea have signed a new five-year bilateral currency swap agreement worth 70 trillion won ($49.24 billion / ...

The United States and Argentina formalized a US$20 billion currency swap agreement just days before Argentina's national legislative elections next Sunday. Argentina's Central Bank (BCRA) announced ...

Read full article: Wayne County neighbors stunned after FBI raids uncover suspected ISIS connection Police are seeking information about a 27-year-old man who went missing in Detroit. Read full ...

(Reuters) - U.S. companies with overseas operations are taking advantage of lower rates in euros to slash their debt funding costs and soften the blow of higher interest rates with a hedging strategy ...