Swap points are the difference between the Forward exchange rate and spot rate. Swap points represent the compensation for the difference between the Interest rates on currencies of the currency pair.
Swap point(See Chapter 49 of the Vernimmen)
Swap points are the difference between the Forward exchange rate and spot rate. Swap points represent the compensation for the difference between the Interest rates on currencies of the currency pair.
Swap points are the difference between the Forward exchange rate and spot rate. Swap points represent the compensation for the difference between the Interest rates on currencies of the currency pair.