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.

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Definitions:

Transitional Period

A phase of change or adjustment where a person, society, or condition is shifting from one state to another.

In-migration

The movement of people into a specified area, contributing to population growth and demographic changes.

Geographic Mobility

The ability and willingness of individuals or groups to move from one location to another, often for work or better living conditions.

Crude Birth Rate

A demographic measure representing the number of live births per 1,000 people in a given year, used to estimate population growth.