Weisweiller, Rudi

How the foreign exchange market works / Rudi Weisweiller. - New York, N.Y. : New York Institute of Finance, c1990. - xvi, 212 pages : illustration ; 23 cm.

Includes bibliographical references (p. 187-191) and index.


Why foreign exchange?
How the market works
Foreign exchange five choices
Money across frontiers
Bretton Woods and after
Currency areas and currency reserve
The European currency
Gold
World liquidity and special drawing rights
Currency freedom
Capital movements
Speculators
The causes of currency crises and their cure
Eurodollars
Forecasting exchange rates
Why exchange rates change
The dealing room
New instruments
Financial futures
Currency options


Tending to one's own trade and production and letting foreign exchange issues take their course was once a credible way to conduct business. No longer. As "How the Foreign Exchange Market Works" clearly demonstrates, the growth of international business and the spread of multinational corporations have made the dynamic foreign exchange market a major concern for business in the 1990's and beyond. And, with the growing interdependence of the world financial markets, investors naive to the global currency markets will see their fortunes dwindle.London-based financial authority and market practitioner Rudi Weisweiller brings the key Forex issues home for investors and financiers alike.

0134008626

90039200


Foreign exchange market.
Foreign exchange futures.

HG3821 / .W45 1990

332.4/5