(1) Transaction where all the obligations and liabilities in one transaction are mirrored in a second transaction. This is used mostly with loans when the first loan is complete it will transfer over to a second loan.

(2) Transaction where a loan is given from a country in their specific currency to another country and vice versa. This transaction is not used very often anymore, however countries were able to exchange currencies without being involved in the Forex markets.

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(1) Transaction where all the obligations and liabilities in one transaction are mirrored in a second transaction. This is used mostly with loans when the first loan is complete it will transfer over to a second loan.

(2) Transaction where a loan is given from a country in their specific currency to another country and vice versa. This transaction is not used very often anymore, however countries were able to exchange currencies without being involved in the Forex markets.

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