[ad_1]
Skip to main content

Traders split over whether insurers’ retreat from FX hedging is help or hindrance
The Taiwan dollar non-deliverable forward (NDF) market is the second largest in the world. But dig beneath the surface and the market has a fragile equilibrium.
Traditionally, the mammoth local life insurers need to buy Taiwan dollars (TWD) in large clips to hedge their mainly US dollar bond holdings, which generate a foreign exchange exposure of TWD15.2 trillion ($482.6 billion), according to the Taiwanese regulator. This is balanced by demand from foreign investors to sell TWD to hedge their
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@fx-markets.com or view our subscription options here: https://subscriptions.fx-markets.com
You are currently unable to print this content. Please contact info@fx-markets.com to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com
Most read articles loading…
Back to Top
[ad_2]
Source link