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Synopsis
Master the essentials of international money and how it moves.
This guide introduces the theory and practical arithmetic of foreign exchange. It explains why currencies rise and fall, how debts between countries are settled, and the role of banks, bills of exchange, and credit instruments in global trade. The material covers both foundational ideas and the postwar shifts that shaped modern exchange markets.
- Learn the core concepts of foreign exchange, including how international debts arise and are settled.
- See how negotiable instruments like bills of exchange work in practice.
- Understand the mint par, rate calculations, and the impact of paper currencies on exchange.
- Grasp the relationship between banking, money markets, and exchange operations in a global context.
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The Principles and Arithmetic of Foreign Exchange (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
Seller rating 4 out of 5 stars
Paperback. Condition: New. Print on Demand. This book provides an introduction to the principles and arithmetic of foreign exchange. Primarily aimed at students preparing for the Institute of Bankers exams, it also offers useful insights to anyone involved in the field of foreign exchange. The author has endeavored to present a simplified yet comprehensive view of the subject to make it accessible to those with minimal prior knowledge. The book begins by exploring the theoretical underpinnings of foreign exchange, including its origins and how it facilitates the settlement of international debts. It then delves into the practical aspects, such as foreign exchange markets, types of bills of exchange, and the calculation of rates of exchange. The author emphasizes the role of banks and other financial institutions in the foreign exchange market and discusses the factors that influence exchange rates. The book is rich in examples and practical applications, making it a valuable resource for anyone seeking to enhance their understanding of this complex yet fascinating field. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781332337613_0
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The Principles and Arithmetic of Foreign Exchange Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332337613
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The Principles and Arithmetic of Foreign Exchange Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332337613
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Quantity: 15 available