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https://www.investopedia.com/terms/n/nondeliverableswap.asp
Oct 20, 2019 · Non-Deliverable Swap - NDS: A non-deliverable swap (NDS) is a currency swap between major and minor currencies that is restricted or not convertible. …
https://www.investopedia.com/terms/n/ndf.asp
Oct 07, 2019 · Non-Deliverable Forward - NDF: A non-deliverable forward (NDF) is a cash-settled, short-term forward contract in a thinly traded or nonconvertible foreign currency against a freely traded currency ...
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