RePEcTrading, Microstructure & Execution
Offshore forwards and exchange rate transmission in emerging markets
Transaction-level data from centrally cleared NDFs shows offshore order flow moves both forward and spot rates, with a $1 billion long-USD order depreciating the spot by roughly 10 basis points.
Featured in No. 137 on 30 Oct 2026 · 4 days after release
- Released
- 26 Oct 2026
- First featured
- No. 137 · 30 Oct 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 3 of 5
- Identifier
- RePEc:bis:biswps:1383
- Authors
- Gerardo Ferrara et al.
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).