1.

A currency swap refers to?

A. A spot sale of currency combined with a forward repurchase of the same currency—as part of single transaction
B. A forward sale of currency combined with a forward repurchase of the same currency—as part of a single transaction
C. A forward sale of currency combined with a forward repurchase of the same currency—in two different transactions
D. All of the above
Answer» B. A forward sale of currency combined with a forward repurchase of the same currency—as part of a single transaction


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