Non-Deliverable Forward NDF Meaning, Structure, and Currencies
The main difference between forward and NDF is that in a standard forward contract, there is actual delivery of the underlying currencies on the settlement date. In contrast, an NDF involves cash settlement of the difference between the agreed and prevailing market rates, without any physical exchange of currencies. For example, if a company operates […]
Non-Deliverable Forward NDF Meaning, Structure, and Currencies Read More »