FX Swap
An agreement where the one leg's cashflows are paid in one currency while the other leg's cashflows are paid in another currency. An FX swap can either be a fixed for floating, a floating for floating or a fixed for fixed swap.
An agreement where the one leg's cashflows are paid in one currency while the other leg's cashflows are paid in another currency. An FX swap can either be a fixed for floating, a floating for floating or a fixed for fixed swap.