000 01683cam a2200277 i 4500
008 780608t1978 nyuaaaaerb 001 0 eng
020 _a0470264667
040 _aDLC
_cDLC
050 0 0 _aHG3851
_b.B76 1978
082 0 0 _a332.4'5
_bBRO
100 1 _aBrown, Brendan,
245 1 0 _aMoney hard and soft on the international currency markets /
260 _aNew York :
_bWiley,
_cc1978.
300 _axv, 183 p. :ill,
500 _a"A Halsted Press book."
504 _aIncludes bibliographical references: p. 175-176 and index.
520 _aThe focus of this book is on the behaviour of transactors and the structure and operation of markets rather than on Grand Designs to "reform" the international monetary system. It provides an up-to-date explanation of international currency and Euro-markets. The most illuminating sections attempt to tackle the complex relations among spot markets, forward currency markets and the Euro-currency markets that have evolved in the past and to develop the analogy between money and commodity markets. Although many insightful passages shed light on how Euro-dollar markets differ from Euro-Sterling markets and Euro-Guilder markets, the exposition is occasionally not only terse. The author concluded that "a freely floating exchange rate system represents the latest stage reached of international monetary development" and that "it is inconceivable that the system will ever embrace all national monies"
590 _ausc 23/05/2018; 16/08/2018
591 _aLoans
650 0 _aForeign exchange.
650 0 _aMoney.
650 0 _aSpeculation.
650 0 _aInternational finance
942 _2ddc
_cBOOK
949 _a332.4'5 BRO
999 _c8789
_d8789