Banks quote interest rate and currency swaps using the 6-month LIBOR as a basis for both transactions.

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Banks quote interest rate and currency swaps using the 6-month LIBOR as a basis for

both transactions. How can a bank make money if it does not speculate on movements in

either interest rates or exchange rates?

Posted Date: May 19, 2024 04:12 AM

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Banks quote interest rate and currency swaps using the 6-month LIBOR as a basis for both transactions.

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