Foreign Exchange and Foreign Debts

Business & Finance
Cover of the book Foreign Exchange and Foreign Debts by Hubert C. Walter, Taylor and Francis
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Author: Hubert C. Walter ISBN: 9781351811408
Publisher: Taylor and Francis Publication: January 29, 2018
Imprint: Routledge Language: English
Author: Hubert C. Walter
ISBN: 9781351811408
Publisher: Taylor and Francis
Publication: January 29, 2018
Imprint: Routledge
Language: English

Originally published in 1926. This book explains clearly the depreciation of the franc, the return to the gold standard and dollar parity, inflation and deflation, the stabilization of the mark and its effects; and the connexion between exchange rates and prices. It describes the transfer of money abroad, bank credits, the various methods in which documentary bills are dealt with and foreign currencies exchanged. Based on the author’s practical experience of finance, it incorporates economic research and contains a concise statement of Britain’s debt to America, the Dawes Reparation Plan, and the debt settlements with France and Italy.

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Originally published in 1926. This book explains clearly the depreciation of the franc, the return to the gold standard and dollar parity, inflation and deflation, the stabilization of the mark and its effects; and the connexion between exchange rates and prices. It describes the transfer of money abroad, bank credits, the various methods in which documentary bills are dealt with and foreign currencies exchanged. Based on the author’s practical experience of finance, it incorporates economic research and contains a concise statement of Britain’s debt to America, the Dawes Reparation Plan, and the debt settlements with France and Italy.

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