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...

詳細記述

書誌詳細
第一著者: Schmittmann, Jochen M.
その他の著者: Chua, Han Teng
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2020.
シリーズ:IMF Working Papers; Working Paper ; No. 2020/179
オンライン・アクセス:Full text available on IMF