Nondeliverable Forwards were originally envisioned as a method of currency speculation, but it is now estimated that 70% of NDFs are trading for hedging purposes.
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Q50: In general, NDF markets normally develop for
Q51: Swap and forward transactions account for an
Q52: A foreign exchange _ is the price
Q53: From the viewpoint of a British investor,
Q54: The low level of interest rates around
Q56: A contract to deliver dollars for euros
Q57: NDFs are traded and settled inside the
Q58: If the direct quote for a U.S.
Q59: _ make money on currency exchanges by
Q60: A/an _ quote in the United States
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