Originally published in 1983. With the prevailing uncertainties and
wild fluctuation in exchange values at the time, the forward market
in foreign exchange had become a vital issue for both governments
and business corporations. This book by an expert practitioner in
foreign exchange dealing describes how the forward market functions
and analyses the constituent elements in its behaviour. The two
principal types of foreign exchange deal are examined; forward
outright and swap, and explanations are given of how both operate.
The linkage between forward rates and interest rates is also
considered and the book investigates what factors cause deviation
from parity conditions. In addition, there is a discussion of
political risk and the forward contract and the role of speculation
in forward exchange as well as the methods of hedging.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!