Central Bank of Nigeria Library

The dollar-mark axis :

Brown, Brendan.

The dollar-mark axis : on currency power / - New York : St. Martin's Press , c1979. - xv, 154 p. :ill,

Includes index.

Includes bibliographies

This paper provides a comprehensive analysis of the determinants of the dollar-mark axis. It shows that while financial factors affect the dollar/mark exchange rate, other factors such as monetary policy or the trade structure determine how currencies react to a given change in the dollar/mark rate. Also the main findings of the empirical work suggest that exchange rate policy, trade links and international portfolio bias are the principal determinants of the dollar-mark axis.

0312216238


International finance.
Currency question.
Money market.

HG3881 / .B684 1979

332.4'5 / BRO