ACI
3I0-012 · Question #285
When would an exporter commonly use an NDF?
The correct answer is D. when receiving KRW in 3 months. See the full explanation below for the reasoning.
Question
When would an exporter commonly use an NDF?
Options
- Awhen receiving THB in 1 month
- Bwhen receiving HKD in 2 months
- Cwhen receiving PHP in 2 bank business days
- Dwhen receiving KRW in 3 months
How the community answered
(16 responses)- A6% (1)
- B13% (2)
- C6% (1)
- D75% (12)
Community Discussion
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