currency swap
noun[C]
ukusBANKING,FINANCE
anagreementbetween twoorganizationstochangetheamountofmoneylentor theinterestpaymentsof aloanmade in onecurrencyfor the samepartof aloanin anothercurrency:
When theyborroweddollarsfrom thebank, theyenteredinto acurrencyswaptoprotectthevalueoftheirloanforprojectsthat had to bepaidinpesos.