Foreign Exchange Market

Discover the intricacies of the foreign exchange markets with Foreign Exchange Market by Richard T. Baillie, published by Cambridge University Press in 1990. Spanning 276 pages, this insightful book delves into the significant changes that occurred following the flotation of exchange rates in the early 1970s, highlighting the growing importance of these markets in the global economy.

Baillie offers a comprehensive analysis that combines recent advancements in macroeconomic theory and finance, particularly focusing on the concept of rational expectations. Whether you are a student, a professional in finance, or simply interested in economics, this book provides an integrated approach to understanding the complexities of foreign exchange. Enhance your knowledge and gain valuable insights into the dynamic world of currency trading and its implications for global markets.