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The Money Changers - A Guided Tour through Global Currency Markets (Hardcover, illustrated edition)
Loot Price: R3,248
Discovery Miles 32 480
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The Money Changers - A Guided Tour through Global Currency Markets (Hardcover, illustrated edition)
Expected to ship within 10 - 15 working days
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At almost $2 trillion per day in trades, currency markets vitally
link the world together. Yet few people understand how they work
and why they are prone to instability and bouts of panic. This book
takes the reader behind the scenes on a tour of the places, the
machines, the circuitry and the people involved in moving world
money. This journey begins as a traveler removes foreign currency
from an ATM machine in Istanbul. The author guides us from the
periphery of the market into its neural centers in financial hubs
such as London and New York. Currency traders, market analysts,
money managers and payments systems architects show their
workplaces and reveal their day-to-day experiences in this
unpredictable and rapidly evolving world. The experts interviewed
may use unfamiliar terms, but the logical progression of the
chapters and participants' stories told in workplace settings bring
abstract concepts down to earth. After completing the tour, the
reader will have a clear picture of the geographical and structural
organization of global currency markets and the people who run
them. This vision of a volatile, evolving structure will provide a
useful framework for deciphering the complex causes of yet
unforeseen financial events.
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