Offshore Currency Markets : Non-Deliverable Forwards (NDFs) in Asia /

Non-deliverable forward (NDF) markets in many Asian emerging market currencies are large, rapidly growing, and often exceed onshore markets in transaction volume. NDFs tend to price significant depreciation during market stress episodes including COVID-19. Spillovers from NDFs to onshore markets are...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Schmittmann, Jochen M.
مؤلفون آخرون: Chua, Han Teng
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2020.
سلاسل:IMF Working Papers; Working Paper ; No. 2020/179
الوصول للمادة أونلاين:Full text available on IMF