Notes on Foreign Exchange: And a Glossary of Financial Terms (Classic Reprint)

Language: English

Published by Forgotten Books, 2024

1330392299 / 9781330392294

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book offers a comprehensive and clear exploration of the principles and practices of foreign exchange. Written in the early 20th century, it reflects a time of significant global trade and financial interconnectedness, when understanding exchange rates and international transactions was crucial for businesses and individuals alike. The author delves into the historical development of exchange systems, explaining how gold emerged as the standard of value and how different countries established their monetary units based on its weight and purity. The book then guides readers through the intricacies of exchange rate calculations, considering factors such as supply and demand, trade balances, and the costs of gold shipment. Exploring the mechanisms of inland and foreign exchange, the book provides practical examples and case studies, illustrating how exchange rates fluctuate and how transactions are conducted. The author sheds light on the role of bills of exchange, drafts, and other financial instruments, offering insights into the daily operations of exchange markets. By demystifying the complexities of foreign exchange, this book equips readers with the knowledge to navigate the world of international finance and to appreciate the interconnectedness of global economies. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. …

Seller Inventory # 9781330392294_0

Title
Notes on Foreign Exchange: And a Glossary of Financial Terms (Classic Reprint)
Author
E. L. Stewart Patterson
Publisher
Forgotten Books
Publication year
2024
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1330392299
ISBN 13
9781330392294
Seller catalogs
Business

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Store description

Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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FB &c Ltd

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