• 18 /  January 2024

Understanding Non-deliverable Forwards In Foreign Forex Trading

If one party agrees to purchase Chinese yuan (sell dollars), and the other agrees to purchase U.S. dollars (sell yuan), then there’s potential for a non-deliverable ahead between the 2 events. An example of an NDF is a contract between a U.S. importer and a Chinese exporter to exchange https://www.xcritical.com/ USD for CNY at a […]