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 Glossary   >   N   >   "Non-Deliverable Forward - NDF" Definition   

        Non-Deliverable Forward - NDF

A "synthetic" forward contract on a non-convertible or thinly traded currency.

Non-Deliverable Forward - NDF


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Non-Deliverable Forward - NDF - A "synthetic" forward contract on a non-convertible or thinly traded currency.


Non-Deliverable Forward - NDF : a "synthetic" forward contract on a non-convertible or thinly traded currency.