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An ounce is not a "regular" ounce when paying the spot on Silver price. When Americans refer to ounces, they generally are referring to avoirdupois ounces. The price of Silver per ounce is always measured in troy ounces, which are equal to 1.09711 avoirdupois ounces. One troy ounce equals 31.1035 grams.

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The most commonly traded NDF tenors are IMM dates, but banks also offer odd-dated NDFs. NDFs are typically quoted with the USD as the reference currency, and the settlement amount is also in USD. List of currencies with NDF market. Below is a (non-exhaustive) list of currencies where non-deliverable forwards are traded. 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 FX and Currency Derivatives Documentation Home: FX and Currency User's Guide to The NDF Market Practices Dated September 21, EMTA Template Terms for KRW/USD Non-Deliverable FX Transaction Dated as of February 5, 2001

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The State Trading Corporation of India Limited (STC) has been among the top 10 trading companies in India. It is a Government of India undertaking trading company engaged in import of silver, gold, pulses, edible oils etc and export of items like wheat, coffee, cashew, iron ore, pharmaceuticals etc.

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