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What does NOP stand for?

NOP stands for Net Open Position

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of NOP

Other Resources:
We have 79 other meanings of NOP in our Acronym Attic

Samples in periodicals archive:

ECAP brought following issues in the notice of the Minister for Interior whereon decisions were taken on the spot: Net Open Position (NOP) of Foreign Exchange of Commercial Banks is not being used judiciously that is resulted in fall of value of Pakistani Rupee due to speculative and forward buying of foreign exchange by importers in consultation with their respective Banks.
The CBN has also begun a regime of liberalised foreign exchange market, removing all restrictions imposed recently on foreign exchange transactions and therefore increased the net open position limit for banks to five per cent of their capital base.