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The Foreign Exchange Market

By: Richard T. (Michigan State University) Baillie (Author) , Patrick C. (University of Birmingham) McMahon (Author)

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Ksh 6,700.00

Format: Paperback or Softback

ISBN-13: 9780521396905

Publisher: Cambridge University Press

Publication Date: Oct 26th, 1990

Weight: 422 grams

Dimension: 15.40 x 22.70 x 2.40 cms

Category: Monetary economics

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The flotation of exchange rates in the early 1970s saw an increase in the importance of foreign exchange markets and in the interest shown in them. It also witnessed a revolution in macroeconomic analysis and finance theory based on the concept of rational expectations. This book provides an integrated approach to recent developments in the understanding of these markets.

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