ACI

3I0-012 · Question #372

The buyer of a USD/ARS NDF could be:

The correct answer is C. hedging against a weakening of the Argentine Peso. See the full explanation below for the reasoning.

Question

The buyer of a USD/ARS NDF could be:

Options

Aa buyer of Argentine Pesos
Bexpecting a falling USD/ARS rate
Chedging against a weakening of the Argentine Peso
Dspeculating on an appreciation of the Argentine Peso

How the community answered

(27 responses)

A
4% (1)
B
7% (2)
C
70% (19)
D
19% (5)

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Full 3I0-012 Practice