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Foreign currency swaps, used often by central banks: Select one: a. Have high foreign exchange rate risk. b. Are an intermediated form of finance. c.

Foreign currency swaps, used often by central banks:

Select one:

a. Have high foreign exchange rate risk.

b. Are an intermediated form of finance.

c. Have high costs and are only used at times of high economic activity.

d. Reduce the central bank's liquidity of the borrowed currency.

e. Bridge the spot and forward rates.

f. Are always paid back over a 5-year term.

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