Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Nepalese Rupee (NPR)
The Nepalese rupee, ISO code NPR, lives in the shadow of its giant neighbour’s currency. It has been pegged to the Indian rupee for decades, at a fixed rate of 1.6 Nepalese rupees to one Indian rupee, an arrangement that reflects how deeply Nepal’s small, landlocked economy is intertwined with India’s through trade, migration, and an open border. Because of that peg, Nepal effectively imports Indian monetary conditions, and the NPR moves closely in line with the Indian rupee against the dollar and other currencies. Example: When the Indian rupee weakens against the US dollar, the Nepalese rupee also weakens against the US dollar, since the fixed 1.6 link leaves it no independent path. A Nepali importer buying goods priced in dollars therefore feels the swings of the Indian currency just as sharply as an Indian trader would, despite using a different banknote. For most practical purposes the two currencies move closely together.
Net International Investment Position (NIIP)
The net international investment position is a country’s financial scorecard against the rest of the world. It tallies everything a nation’s residents own abroad, foreign shares, bonds, property, direct investments, and subtracts everything foreigners own inside it. A positive NIIP makes the country a net creditor to the world; a negative one makes it a net debtor. It is a stock, a snapshot of accumulated wealth and debt, distinct from the yearly flow captured by the current account. Example: Years of running large trade deficits can contribute to a country having a deeply negative net international investment position, meaning foreigners hold far more of its assets than it holds of theirs. Economists watch the figure for signs of vulnerability, since a nation that owes the world a great deal may be exposed if those foreign investors ever decide to pull their money out. The United States, for one, runs one of the largest negative positions anywhere, a status that fuels constant debate about how sustainable it really is.
Net position
The value of a position held by a trader after subtracting the initial cost of setting up that position.
Netherlands Antilles Guilder (ANG)
The Netherlands Antilles guilder, ISO code ANG, is a currency that is being phased out. It served the Dutch Caribbean territories of Curacao and Sint Maarten, pegged to the US dollar at a fixed 1.79, long after the Netherlands Antilles itself was dissolved back in 2010. Its replacement finally arrived in 2025, when the Caribbean guilder, code XCG, took over at the same value, one new guilder for one old. The Antillean guilder ceased to be legal tender in mid-2025, though old notes can still be exchanged for years to come. Example: A shopkeeper in Curacao who priced goods in Antillean guilders spent 2025 switching over to the new Caribbean guilder, which carries the same dollar peg and the same value, so customers saw no change in what their money was worth, only new banknotes gradually replacing the old ones being retired. For traders it was always a minor, tightly pegged currency, of interest mainly as a piece of monetary transition in the Dutch Caribbean.
Netting
The process of offsetting multiple trades or positions to reduce risk exposure.
Neutral
A situation in which a product or market is neither bullish nor bearish.
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