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Loading ...Focusing on the questions (a) of how well fluctuating exchange rates are working and on the related issue (b) of what sort of guidelines should be established to regulate central bank intervention in exchange markets is particularly appropriate now for a number of reasons. First, despite the float, the dollar continues to slip in...
PREFACE Since the World War 1914-1918 a greater interest generally has been created in Foreign Monies and Exchange, and from questions which have been put to the publishers in the course of business it appears that a book such as this is needed. It is not our intention to publish a Text-book on this...
PREFACE Foreign exchange is attracting more attention than any other branch of finance. The interest evinced is universal and is no longer confined to bankers, international traders, and financial writers, as was the case prior to the Great War. The general public is showing a decided disposition to acquaint itself with the dislocation of...
The Market and its Meaning Ours is a, weary and disillusioned generation, dealing with a world which is nearer collapse than it has been at any time since the downfall of the Roman Empire. The problem which is discussed in this little book is an integral part of the general problem of reconstruction after...
WHAT FOREIGN EXCHANGE IS AND WHAT BRINGS IT INTO EXISTENCE UNDERLYING the whole business of foreign exchange is the way in which obligations between creditors in one country and debtors in another have come to be settled — by having the creditor draw a draft directly upon the debtor or upon some bank designated...
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