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 ...

MUMBAI, Sept 19 (Reuters) - Indian firms are opting for cross-currency swaps to convert part of their rupee debt into dollars in an attempt to trim borrowing costs as U.S. interest rates decline, six ...

The Rupee swap provides protection to banks against extreme currency moves, which becomes an important aspect in current times when the Indian currency has been growing weaker.

As the won-dollar exchange rate has risen rapidly recently, calls are growing to sign currency swaps with reserve currency countries such as the United States as a "foreign-exchange breakwater." A ...