Category: FinTech
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What are NDFs? Overview Of Non-Deliverable Forward And
Therefore, deliverable forwards are not the best mechanisms for traders who wish to capitalise on price discrepancies and different liquidity levels on the international market. If one party agrees to buy Chinese yuan (sell dollars), and the other agrees to http://www.chel74.ru/declare/viewmenu17p1.html buy U.S. dollars (sell yuan), then there is potential for a non-deliverable forward between the…