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