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Foreign Exchange and Foreign Debts
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Foreign Exchange and Foreign Debts

Book Details

Format Hardback or Cased Book
ISBN-10 0415793459
ISBN-13 9780415793452
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Apr 13th, 2017
Print length 252 Pages
Weight 496 grams
Dimensions 16.40 x 24.10 x 2.20 cms
Ksh 24,000.00
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Originally published in 1926. This book explains clearly the transfer of money abroad, bank credits, the various methods in which documentary bills are dealt with and foreign currencies exchanged.

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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