A Mexican equivalent to a currency forward contract (contrato de cobertura). A coberatura allows an investor willing to hedge peso...

A derivative instrument which is used for hedging the exchange rate risk associated with non-convertible currencies. By definition, a non-deliverable...

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

The empirical tendency of higher interest rate currencies' return to outperform the return of lower rate currencies. This can be...