Financial markets are volatile and the major currency pairs have seen more movement than some of the emerging market currencies. So, when markets more against you, your profits could be wiped out. That's why managing your foreign currency risk is key
2017 proved an exceptionally volatile year in the foreign exchange market, highlighting the considerable benefits to businesses and individuals of mitigating risk through hedging currency exposure. Hedging will allow you to:
Non-deliverable forward contracts help you to protect your margins and manage the risk involved in receiving and making payments in currencies with trading restrictions, including non-convertible currencies.
Why use NDFs?
When you trade fully convertible currencies you c...