Central Bank of Nigeria Library

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Money in international exchange : the convertible currency system /

By: Material type: TextTextPublication details: New York : Oxford University Press, c1979.Description: xii, 294 p. :illISBN:
  • 0195024087 :
  • 0195024095 (pbk.) :
Subject(s): DDC classification:
  • 332.4'5 MCK
LOC classification:
  • HG3881 .M2737
Summary: This book gives a description and analysis of international finance in accordance with the present system of exchange-rate floating, the author redefines convertibility so that it continues to incorporate all current transactions plus trade credit, but excludes reference to any official obligation to maintain exchange-rate parities. Also, the important role of commercial banks in foreign- exchange trading-often de-emphasized in the literature- is given central importance, with emphasis placed both on traditional foreign-exchange banking (deposits and loans denominated exclusively in the currency of the country in which the bank is resident) and on Eurocurrency banking.
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Holdings
Item type Current library Collection Call number Copy number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 332.4'5 MCK (Browse shelf(Opens below)) c.2 Available 31008100153556
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 332.4'5 MCK (Browse shelf(Opens below)) c.1 Available 31008100152178

Includes index.

Includes bibliographical references.

This book gives a description and analysis of international finance in accordance with the present system of exchange-rate floating, the author redefines convertibility so that it continues to incorporate all current transactions plus trade credit, but excludes reference to any official obligation to maintain exchange-rate parities. Also, the important role of commercial banks in foreign- exchange trading-often de-emphasized in the literature- is given central importance, with emphasis placed both on traditional foreign-exchange banking (deposits and loans denominated exclusively in the currency of the country in which the bank is resident) and on Eurocurrency banking.

usc 01/08/18; 26/09/18

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