The Economics of Money, Banking & Finance by Peter Howells
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Forex Trading – Foreign Exchange Course
You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
Provides a unique comparative survey of financial systems in Europe and the US, unified under a rigorous theoretical framework.
Product details
- Paperback:656 pages
- Publisher:Financial Times/ Prentice Hall; 4 edition (1 May 2008)
- Language:English
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