Originally published in 1972. This book covers the broader aspects of foreign exchange, for businessmen, to remove a hazardous gap in executive knowledge. The language is non-technical and the author gives an insight into the workings of the international currency markets which will enable business-men to operate more easily and be more profitable in this field.
Preface 1. Why Foreign Exchange? 2. How the Foreign Exchange Market Works 3. Five Choices 4. Money Across Frontiers 5. Currency Freedom 6. Overseas Investment 7. Eurodollars 8. For or Against Speculators 9. Gold 10. Liquidity, Reserves, Special Drawing Rights 11. The Causes of Currency Crises and their Cure 12. Bretton Woods or Chaos 13. The Future of the Sterling Area and the Common Market Currency
Reissuing works originally published between 1923 and 1997, this collection of books on exchange rate economics is a unique resource in international finance and economic history. Books in the set look at foreign exchange policy, currency and markets in a range of eras and contexts.