Central Bank of Nigeria Library

Flexible exchange rates :

Sohmen, Egon.

Flexible exchange rates : theory and controversy / - Chicago: University of Chicago Press, c1961. - 172 p.:

Includes bibliography.

This book examines the conduct of exchange rate to ensure its stability over the long run through flexible monetary policies without direct intervention in the foreign exchange markets. It also investigates the effects of capital movement on exchange rates, the volume of credit, the nation income, and the terms of trade. It was developed out of a doctoral thesis submitted at the Massachusetts Institute of Technology in 1958.


Foreign exchange.
Flexible exchange rate.


United States

HG3821 / .S63

332.45 / SOH