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Author: S. Evelyn Thomas Publisher: Forgotten Books ISBN: 9780266968788 Category : Business & Economics Languages : en Pages : 284
Book Description
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. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: S. Evelyn Thomas Publisher: Forgotten Books ISBN: 9780266968788 Category : Business & Economics Languages : en Pages : 284
Book Description
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. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Samuel Evelyn Thomas Publisher: Theclassics.Us ISBN: 9781230473758 Category : Languages : en Pages : 86
Book Description
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 edition. Excerpt: ... exchange to take care of itself. At the time of writing, India's exchange and trade are in a miserable position. The rupee is valued at Is. 3d. only, and exporters cannot sell their produce. During the boom, India over.imported, and much of the imported goods remain unsold. The only good result has been a reduction of the note circulation, and an increase in the silver backing of the notes by about 60 crores of rupees. Recovery will set in as the world's markets improve and India experiences a good season and a revival of her productive capacities. The Chinese Exchange.--It is not within the scope of this book to enter very deeply into the complications of the Chinese Exchange, although ft should not, for that reason, be thought that China is an unimportant country. Far from being unimportant, it is probable that China, with her enormous population, extensive productive areas, huge untapped mineral resources, and cheap labour, will one day become a great trading nation. The exchange question with China is a difficult one because of the absence of any national or standard unit of currency. The circulating legal tender is generally silver, but the principal coin in daily use is the small copper cash or li, which varies in value from fth to igooth of a tael. The tael is a weight of silver, usually reckoned equal to 583.20 grains troy of British standard silver, but its actual value varies considerably in different provinces. In dealing with this unit, it is therefore necessary to know whether it is a Shanghai tael, Hankow tael, etc., and these units vary not only as weights but also as units of value. Payments by weight are made in silver bullion, made up into "shoes" of 50 taels each, and known as sycee (fine silver). Various...
Author: S. Evelyn Thomas
Author: S. Evelyn Thomas
Author: Samuel Evelyn Thomas
Author: S. Evelyn Thomas
Author: Samuel Evelyn Thomas
Author: Samuel Evelyn Thomas
Author: Samuel Evelyn Thomas
Author: Samuel Evelyn Thomas
Author: Samuel Evelyn Thomas
Author: Samuel Evelyn Thomas
Author: Samuel Evelyn Thomas