Kochhar adds that Asian countries also need to maintain their foreign exchange liquidity through currency swaps or assistance from organizations like the International Monetary Fund.

库哈表示，亚洲国家还需要通过货币互换或国际货币基金等组织的援助来维持其外汇流动性。

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The World Bank pioneered currency swaps, and USES swaps to protect against foreign exchange and interest rate risk.

世界银行率先使用货币掉期，用以抵御外汇和利率风险。

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Currency swaps differs from foreign-exchange swaps in that they include interest-rate payments and typically have longer durations-one to five years.

与外汇掉期不同，货币掉期包含利率支付，有效期更长——通常有一至五年。

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Like swaps on interest rates and foreign currency, credit swaps outstanding dwarf the underlying bonds in circulation.

FORBES: Magazine Article