NDF: Non Deliverable Forward Swap – Back To School

downloadI don’t know how many of us, have actually heard about NDFs or know about this financial instruments and hence, we have picked up this topic for today`s detailed discussion. To start with, we will be explaining the meaning and definition of NDF, going on with market & currencies associated with NDFs. And, our closure for today`s post will be with the structure  & the various uses of NDFs.

Meaning: In finance, a non-deliverable forward (NDF) is an outright forward or futures contract in which counterparties settle the difference between the contracted NDF Continue reading “NDF: Non Deliverable Forward Swap – Back To School”