How To Fix RY567 - Crcy pair &1: Swap rates read directly not via reference crcy &2

RY567 - Overview

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 567

• Message text: Crcy pair &1: Swap rates read directly not via reference crcy &2

What causes this issue?

For the currency pair &V1&, the cross-swap rates cannot be determined
with the reference currency &V2&.

System Response

The system applies the swap rates directly for this currency pair.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY567 - Crcy pair &1: Swap rates read directly not via reference crcy &2 ?

  The SAP error message RY567 indicates an issue related to currency pairs and swap rates in the context of financial transactions or instruments. This error typically arises when the system is unable to retrieve swap rates for a specific currency pair directly, and instead, it expects to obtain them via a reference currency.
  
  Cause:
  The error message "Crcy pair &1: Swap rates read directly not via reference crcy &2" suggests that:
  
  The system is trying to read swap rates for a currency pair (denoted as &1) directly, but it is not configured to do so.
  The expected reference currency (denoted as &2) is not set up correctly or is missing, leading to the inability to derive the swap rates.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration:
  
  Ensure that the currency pair in question is correctly configured in the system. This includes verifying that the swap rates for the currency pair are available