How To Fix RY568 - Crcy pair &1: Swap rates cannot not be determined

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 568

• Message text: Crcy pair &1: Swap rates cannot not be determined

What causes this issue?

For the currency pair &V1&, the cross-swap rates cannot be determined
with the reference currency &V2&. Therefore, the system tried to apply
the swap rates directly
for this currency pair. However, the direct swap rates cannot be
determined either.

System Response

The calculations cannot be completed.

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 RY568 - Crcy pair &1: Swap rates cannot not be determined ?

  The SAP error message RY568 indicates that the system is unable to determine swap rates for a specific currency pair. This issue typically arises in the context of financial transactions, particularly in modules related to treasury and risk management, where swap rates are essential for calculating the present value of cash flows.
  Cause:
  
  
  Missing Market Data: The most common cause of this error is that the required market data for the specified currency pair is not available in the system. This could be due to missing or incomplete configuration in the market data setup.
  
  
  Incorrect Configuration: The configuration settings for the currency pair or the swap rate types may not be correctly set up in the system.
  
  
  Data Validity: The market data might be outdated or not valid for the date of the transaction being processed.
  
  
  Currency Pair Not Supported: The currency pair in question may not be supported for swap rate calculations in the system.
  
  
  Solution:
  
  
  Check Market Data: Verify that the necessary market data for the currency pair is available in the system. This can be done by checking the market data configuration in the SAP system.
  
  
  Update Market Data: If the market data is missing or outdated, you may need to update it. This can involve importing new market data or ensuring that the data feed is functioning correctly.
  
  
  Review Configuration: Check the configuration settings for the currency pair and swap rates in the SAP system. Ensure that all necessary settings are correctly defined.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific instructions on how to configure market data and swap rates.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like TPM1, TPM2, or TPM3 to access treasury management settings and check the configuration.
  Market Data Sources: Ensure that your system is connected to a reliable market data source for real-time updates.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional troubleshooting steps.
  
  By following these steps, you should be able to identify the root cause of the RY568 error and implement a solution to resolve it.