Publisher's Synopsis
Money Changing: An Introduction to Foreign Exchange is a book written by Hartley Withers in 1913. The book provides a comprehensive guide to the foreign exchange market, which is the largest financial market in the world. Withers explains the basic concepts of foreign exchange, such as exchange rates, currency pairs, and the role of central banks in the market. He also discusses the history of the foreign exchange market, including the gold standard, and the evolution of the market over time.The book covers various topics related to foreign exchange, such as the mechanics of foreign exchange transactions, the use of forward contracts and options, and the risks associated with foreign exchange trading. Withers also provides practical advice on how to manage foreign exchange risk, including hedging strategies and risk management techniques.Money Changing: An Introduction to Foreign Exchange is written in a clear and concise style, making it accessible to both novice and experienced traders. The book is an essential resource for anyone interested in the foreign exchange market, including traders, investors, and financial professionals.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
