• Anglický jazyk

The Main Issues of the International Monetary System

Autor: Kiumars Arya

In international financial markets, it is mostly difficult to discern how much selecting a currency for depositing, purchasing bonds or stocks, performing trade exchanges (like swap) and using in the combination of reserve currency can support or hinder... Viac o knihe

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O knihe

In international financial markets, it is mostly difficult to discern how much selecting a currency for depositing, purchasing bonds or stocks, performing trade exchanges (like swap) and using in the combination of reserve currency can support or hinder the formation of future capital (assets and debts balance), the value of export and import goods, and also the implementation of exchange policies. In other words, in offshore financial markets, correctly selecting the currency is the necessary condition for success in obtaining economic interests. The current international monetary system is highly flexible in nature compared with Bretton-Woods-System, as its functioning (e.g. supply of international liquidity, exchange rate regime and adjustment of external imbalances) adapts to the different economic conditions and policy preferences of individual countries.Two currencies play the important role in the international financial markets: United State Dollar and European Euro.

  • Vydavateľstvo: LAP LAMBERT Academic Publishing
  • Rok vydania: 2020
  • Formát: Paperback
  • Rozmer: 220 x 150 mm
  • Jazyk: Anglický jazyk
  • ISBN: 9786202514781

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