Download This PaperThe Markets for Non-Deliverable Forwards in Asian Currencies
14 Pages Posted: 8 May 2012 Last revised: 30 Sep 2013
Date Written: June 1, 2004
Abstract
Trading in non-deliverable forwards on Asian currencies has grown in recent years. The offshore interest rates implied by these contracts differ significantly from onshore interest rates and suggest upward pressure on most Asian currencies.
JEL Classification: F310, G150, G180, N250
Suggested Citation: Suggested Citation
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