How the Foreign Exchange Market Works (New York Institute of Finance (Paperback))

Tending to one's own trade and production and letting foreign exchange issues take their course was once a credible way to conduct business. No longer. As How the Foreign Exchange Market Works clearly demonstrates, the growth of international business and the spread of multinational corporations have made the dynamic foreign exchange market a major concern for business inn the 1990's and beyond. And, with the growing interdependence of the world financial markets, investors naive to the global currency markets will see their fortunes dwindle.

London-based financial authority and market practitioner Rudi Weisweiller brings the key Forex issues home for investors and financiers alike. His highly lucid analysis:

Covers in detail the most recent developments in the foreign exchange arena

Follows the entry of new players - from international bankers and corporate investors to speculators - and notes their effect on the market.

Describes the innovative instruments they use, from interest rate and currency swaps, futures, and options to forward rate agreements and interest rate guarantees

Shows investors the array of opportunities and offers excellent advice on choosing the best ones

How the Foreign Exchange Market Works helps investors make profitable choices in this market...enables bankers to better serve corporate clients...informs corporate leaders concerned with currency risk... and prepares the foreign trader who is new to the market.

Look for other titles in the popular New York Institute of Finance's How Wall Street Works series:
How the Bond Market Works
How the Economy Works
How the Futures Markets Work
How the Stock Market Works
How the Options Markets Work
How Mutual Funds Work



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