Foreign Exchange and Foreign Debts

1st Edition

Hubert C. Walter

Routledge
Published August 29, 2018
Reference - 252 Pages
ISBN 9780415793490 - CAT# Y319866
Series: Routledge Library Editions: Exchange Rate Economics

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Summary

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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