FX Swaps : Implications for Financial and Economic Stability /

The proliferation of foreign exchange (FX) swaps as a source of funding and as a hedging tool has focused attention on the role of the FX swap market in the recent crisis. The turbulence in international money markets spilled over into the FX swap market in the second-half of 2007 and into 2008, giv...

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Bibliographic Details
Main Author: Ong, Li
Other Authors: Barkbu, Bergljot
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/055
Online Access:Full text available on IMF