The Forward Market in Foreign Exchange - A Study in Market-making, Arbitrage and Speculation (Hardcover)

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

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Routledge Library Editions: Exchange Rate Economics
Release date:	April 2017
First published:	1983
Authors:	Brendan Brown
Dimensions:	234 x 156 x 14mm (L x W x T)
Format:	Hardcover
Pages:	162
ISBN-13:	978-1-138-63299-8
Categories:	Books > Business & Economics > Economics > Political economy Books > Business & Economics > Economics > Macroeconomics > Monetary economics Books > Business & Economics > Economics > International economics > International finance
LSN:	1-138-63299-6
Barcode:	9781138632998

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