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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With C
  5. Currency Switching

Currency Switching

Definition of 'Currency Switching'

Where a firm uses foreign exchange received in the course of operations to settle obligations to a third party, often located in a third country.

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Related Terms

Switching CostsBase CurrencyConvertible CurrencyQuoted CurrencyBack to Back LoansBasket CurrencyCurrency AppreciationCurrency HedgingCurrency OptionCurrency SwaptionCurrency WarrantDollar RateEurocurrency BankingEuropean Currency Unit (ECU)Hard CurrencyLeadingLongNettingParallel MatchingReserve Currency

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