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Book
ISBN: 1628082003 Year: 2013 Publisher: Hauppauge, NY : Nova Science Publishers, Inc.,
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Exchange rate is perhaps one of the most important macroeconomic variables that link the economy of one country with the rest of the world. When it changes, it affects almost all other sectors and many other macro variables. For example, when a country's currency depreciates, its exports become cheaper in terms of foreign currency and imports more expensive in terms of domestic currency. By exporting more and importing less, the trade balance is improved. Or when domestic currency depreciates (foreign currency appreciates), domestic currency value of foreign assets held by domestic residents i
Foreign exchange rates --- Foreign exchange --- Foreign exchange market
Book
ISBN: 1629484342 Year: 2014 Publisher: Hauppauge, New York : Nova Science Publishers,
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Financial markets are said to be an important source in providing capital to other sectors in every economy. Their establishment, operation, development, and practices have important implications in the development process of every country. There are also challenges that every country must deal with, such as institutional rigidities in some countries that could curtail financial development and introduce severe challenges. Dealing with the challenges and introducing new practices to smooth out the operation of the financial markets is an important goal. This book focuses on some of the issues
Economic development. --- Monetary policy. --- Investments. --- Income distribution.
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