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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Schmittmann, Jochen M.
Rannpháirtithe: Chua, Han Teng
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2020.
Sraith:IMF Working Papers; Working Paper ; No. 2020/179
Rochtain ar líne:Full text available on IMF