It stands for non-deliverable forward; a derivative instrument which is used for hedging the exchange rate risk associated with non-convertible...

An acronym for cross-currency cross-index basis swap; A cross-currency swap in which one party pays a floating rate (LIBOR) denominated...

The simultaneous purchase and sale of an identical amount of one currency (base currency) for another (foreign currency) with two...

The simultaneous purchase and sale of an identical amount of one currency (base currency) for another (foreign currency) with two...