Foreign Exchange: An Introduction to the Core Concepts

An Introduction to Foreign Exchange is an engaging, accessible book that delivers the basics as well as the key drivers of foreign exchange markets and exchange rate determination, in an efficient and understandable way.—Ingo Walter, Vice Dean of Faculty, Seymour Milstein Professor of Finance, Stern School of Business, New York University
Mark Mobius provides a truly exciting and insightful introduction to the global FX market. He covers the past, present and future direction of FX markets in an easy to understand approach and covers the basic topics in detail. there re real life examples which provide an accurate practitioner′s guide to a complex market that is often difficult to understand.— Bhavin Parmar, Equity Finance Trader, ABN AMRO 
A truly excellent whistlestop tour of the world of money and foreign currency. The accessible style, minimal use of technical jargon and fantastic illustrations make this a great introduction for A–level and undergraduate finance students. The author places the subject in context within world commerce, and provides an interesting history lesson on how the markets evolved. And it′s always welcome to see cartoons in a book on finance! Highly recommended.— Dr. Moorad Choudhry, Head of treasury, Europe Arab Bank plc, London 
In today′s global markets a good understanding of how foreign exchange can affect your business and investment decisions is crucial. Mark Mobius has done it again–he has taken a complicated but highly relevant topic and laid out the issues in a clear way. As with the other books in his "Core Concepts"" series, Dr. Mobius does not just provide a practical guide on how to use the tools of the trade for maximum advantage, with the help of case studies and examples drawn from around the world, but he also engages the reader with interesting stories and anecdotes.—Jeremy Bolland, Author of Writing Securities Research: A Best Practice Guide, Head of Supervisory Analyst Trading and Development, HSBC Global Research 

Spis treści:
Acknowledgments.
1. The History of Money: Barter and Ancient Trade.
2. The History of Foreign Exchange Markets.
3. Who Uses Foreign Exchange?
4. The International Monetary System.
5. The Global Foreign Exchange Market.
6. Exchange Rates and their Movements.
7. Foreign Exchange Products.
8. Hedge Funds and Foreign Exchange.
9. Review of the Past and Looking to the Future.
Appendix: ISO Currency Codes.
Quick Quiz Answers.
Bibliography.
Glossary.
Index.

Nota biograficzna:
Mark Mobius received his Ph.D. in Economics and Political Science from the Massachusetts Institute of Technology and his bachelor′s and master′s degrees from Boston University. He is the author of Equities: An Introduction to the core Concepts, Trading with China, The Investor′s Gide to Emerging Markets, Mobius on Emerging Markets and Passport to Profits.
Dr. Mobius has received the following awards: Emerging Markets Equity Manager of the Year 2001 by International Money Marketing, Top Ten Money Managers of the 20th Century in a survey by the Carson Group in 1999, Number One global Emerging Market Fund in the 1998 Reuters Survey, 1994 First in Business Money Manager of the Year by CNBC, Closed–End Fund Manager of the Year in 1993 by Morningstar, and Investment Trust Manger of the Year 1992 by Sunday telegraph. He was named in 2006 by Asiamoney magazine as one of Top 100 Most Powerful and Influential People. Asiamoney said: "One of the highest profiles of any investor in the region and is regard by many in the financial industry as one of the most successful emerging markets investors over the last 20 years. despite tough times during the financial crisis nine years ago, he still commands a strong following in the investment world and is influen cing the direction of billions of investment dollars., He was appointed Joint Chairman of the Global Corporate Governance Forum Investor Responsibility Taskforce of the World bank and Organization for Economic Cooperation and Development.
 In 1987, he joined the Franklin Templeton organization as President of the Templeton Emerging Markets Fund, the first New York Stock Exchange listed emerging market fund. he currently directs the analysts based in Templeton′s 12 emerging markets offices in Asia, Eastern Europe, Latin America and Africa and Manages the emerging markets portfolios. Dr. Mobius has spent more than 30 years in mutual funds and security analysis all over the world.

Okładka tylna:
An Introduction to Foreign Exchange is an engaging, accessible book that delivers the basics as well as the key drivers of foreign exchange markets and exchange rate determination, in an efficient and understandable way.—Ingo Walter, Vice Dean of Faculty, Seymour Milstein Professor of Finance, Stern School of Business, New York University
Mark Mobius provides a truly exciting and insightful introduction to the global FX market. He covers the past, present and future direction of FX markets in an easy to understand approach and covers the basic topics in detail. there re real life examples which provide an accurate practitioner′s guide to a complex market that is often difficult to understand.— Bhavin Parmar, Equity Finance Trader, ABN AMRO 
A truly excellent whistlestop tour of the world of money and foreign currency. The accessible style, minimal use of technical jargon and fantastic illustrations make this a great introduction for A–level and undergraduate finance students. The author places the subject in context within world commerce, and provides an interesting history lesson on how the markets evolved. And it′s always welcome to see cartoons in a book on fin ance! Highly recommended.— Dr. Moorad Choudhry, Head of treasury, Europe Arab Bank plc, London 
In today′s global markets a good understanding of how foreign exchange can affect your business and investment decisions is crucial. Mark Mobius has done it again–he has taken a complicated but highly relevant topic and laid out the issues in a clear way. As with the other books in his "Core Concepts"" series, Dr. Mobius does not just provide a practical guide on how to use the tools of the trade for maximum advantage, with the help of case studies and examples drawn from around the world, but he also engages the reader with interesting stories and anecdotes.—Jeremy Bolland, Author of Writing Securities Research: A Best Practice Guide, Head of Supervisory Analyst Trading and Development, HSBC Global Research