Nondeliverable Forwards Were Originally Envisioned as a Method of Currency

question 30

True/False

Nondeliverable Forwards were originally envisioned as a method of currency speculation, but it is now estimated that 70% of NDFs are trading for hedging purposes.

---

Definitions:

Profile View

A drawing or representation of a figure or object viewed from the side, commonly used in art and portraiture.

Neolithic Human Skull

A human skull from the Neolithic era, often showing signs of deliberate modification or decoration as part of ancient burial practices or rituals.

Paleolithic Human Skull

A skull from the Paleolithic era, depicting the physical characteristics of early humans from this period.

Plaster

A building material made from water, gypsum, or lime, and sand, used in construction and artworks for coating, molding, and casting surfaces.