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- The Principles and Arithmetic of Foreign Exchange (Classic Reprint)
The Principles and Arithmetic of Foreign Exchange (Classic Reprint)
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Excerpt from The Principles and Arithmetic of Foreign Exchange
This book is primarily intended as an introduction to the theoretical and practical aspects of Foreign Exchange for the use of students taking the examinations of the Institute of Bankers, but the Author ventures to hope that it will also prove useful to many who are actually engaged in that interesting branch of commercial activity.
No attempt has been made to deal with the intricacies of Foreign Exchange. The Author has had before him the needs of beginners, who, to his own knowledge, often find a first approach to the subject somewhat difficult. Hence he has everywhere chosen the simplest language, and has not been afraid of re-iteration.
The War has modified and continues to modify the practical conduct of exchange operations, but care has been taken to ensure that statements of fact contained in the text are correct up to the time of going to press.
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