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 ...

Meanwhile, in January 2025, Bank Indonesia and the People’s Bank of China renewed their bilateral currency swap arrangement ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Gordon Scott has been an active investor and technical analyst or ...