Understanding the Foreign Exchange Markets | A Case Study on Foreign Exchange Markets in India

Pawan Kumar Avadhanam (u. a.)

ISBN 10: 3848420791 / ISBN 13: 9783848420797

Verlag: LAP Lambert Academic Publishing, 2012

Understanding the Foreign Exchange Markets | A Case Study on Foreign Exchange Markets in India | Pawan Kumar Avadhanam (u. a.) | Taschenbuch | Englisch | LAP Lambert Academic Publishing | EAN 9783848420797 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu. Bestandsnummer des Verkäufers 106577326

Inhaltsangabe:

This Book is on foreign exchange market.” Foreign exchange” refers to money denominated in the currency of another nation or group of nations. Any person who exchanges money denominated in his own nation’s currency for money denominated in another nation’s currency acquires foreign exchange. Foreign exchange market is a place where foreign exchanges are traded i.e. one currency is exchanged for another. Foreign Exchange market is the largest financial market in the world. From 1997 to the end of 2000, daily trading volume from Forex trading has surged from 5 billion to 1.5 trillion dollars. Now, daily turnover of over $3.2 trillion. The two main conclusions are as follows. First, the Euro is likely to become a major currency in the world. It may even challenge the dollar as the other major international currency, creating significant welfare gains. Second, during the transition to becoming a (or the) major international currency, the Euro is likely to appreciate.

Reseña del editor: This Book is on foreign exchange market." Foreign exchange" refers to money denominated in the currency of another nation or group of nations. Any person who exchanges money denominated in his own nation's currency for money denominated in another nation's currency acquires foreign exchange. Foreign exchange market is a place where foreign exchanges are traded i.e. one currency is exchanged for another. Foreign Exchange market is the largest financial market in the world. From 1997 to the end of 2000, daily trading volume from Forex trading has surged from 5 billion to 1.5 trillion dollars. Now, daily turnover of over $3.2 trillion. The two main conclusions are as follows. First, the Euro is likely to become a major currency in the world. It may even challenge the dollar as the other major international currency, creating significant welfare gains. Second, during the transition to becoming a (or the) major international currency, the Euro is likely to appreciate.

Bibliografische Details

Titel: Understanding the Foreign Exchange Markets |...
Verlag: LAP Lambert Academic Publishing
Erscheinungsdatum: 2012
Einband: Taschenbuch
Zustand: Neu