Forex swap rates vary for each financial instrument and depend largely on the reference rate of the contract currency. Depending on whether your position is long or short, the trading game can be negative or positive. The amount of the swap depends largely on the exchange rate in question, but also on the cost of holding (more for commodities). If the cost of keeping an asset is too high, as with assets, we can see negative swaps for long and short positions at the same time. India Japan The currency swap agreement will have a positive impact on the financing of our current account deficit (CAO). A strong signal to our financial and foreign exchange markets. . . .