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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Schmittmann, Jochen M.
מחברים אחרים: Chua, Han Teng
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2020.
סדרה:IMF Working Papers; Working Paper ; No. 2020/179
גישה מקוונת:Full text available on IMF