An Introduction to Foreign Exchange and Money Markets
Author: London, UK Reuters Limited
Publish date: July 1, 1999
Average Rating: 4/5 Average Rating
The text is a useful guide to novices trying to find their way through the often tricky capital exchange markets. It is one of the cheapest reads, retailing at about $10. The author sets off by taking the reader through the complicated financial markets jargon. At the end of each chapter, you will find useful summaries describing the key points. An interesting addition in the book is a section with questions and answers ostensibly meant to test your understanding of the concepts presented. The author has also included calculations, which you may ignore if you find too much to grasp.
If you have some knowledge of financial trading, this book may not do you a lot of good. It is especially tailored for novices who are venturing into the field for the first time. It may also be useful to tutors whose students have little or no knowledge at all in foreign exchange market dealings. It is no wonder; therefore, that the book has questions and answers to check the level of understanding. Nevertheless, it contains a lot of practical information that makes it possible to easily understand difficult concepts. However, it is a little disappointing that some of the calculations used as examples contain errors in their formulae.
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