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What is the difference in purpose between spot trades and FX swaps? Spot rades are seo for immediate exchange of currencies, while E x swaps

What is the difference in purpose between spot trades and FX swaps?

Spot rades are

seo for immediate exchange of currencies, while

swaps are used for deeverred exchange.

Spot trades and FX swaps have the same purpose and are used interchangeably Spot trades are used forde pred exchange of currencies, while FX swaps are used for immediate exchange:

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