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swap line

/swɑp laɪn/ /swɒp laɪn/
noun
GeneralEconomics
  1. 1 swap hattı, swap anlaşması

Definition (English)

An agreement between central banks to exchange currencies, usually to provide liquidity in a foreign currency.

Example Sentences

  1. The Fed offered a swap line to the European Central Bank.
    Fed, Avrupa Merkez Bankası'na bir swap hattı sundu.
  2. Swap lines are important for global financial stability.
    Swap hatları küresel finansal istikrar için önemlidir.

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