Offshore Currency Markets: Non-deliverable Forwards Ndfs In Asia
Non-deliverable swaps are utilized by multi-national corporations non-deliverable forward to mitigate the chance that they will not be allowed to repatriate income due to forex controls. They additionally use NDSs to hedge the risk of abrupt devaluation or depreciation in a restricted foreign money with little liquidity, and to avoid the prohibitive value of exchanging currencies […]
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