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    Fundamentals of Multinational Finance Study Set 2
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    Exam 5: The Foreign Exchange Market
  5. Question
    NDFs Are Traded and Settled Outside the Country of the Subject
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NDFs Are Traded and Settled Outside the Country of the Subject

Question 55

Question 55

True/False

NDFs are traded and settled outside the country of the subject currency, and therefore are beyond the control of the country's government.

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