Elements of Foreign Exchange - a Foreign Exchange Primer (Illustrated)

Book excerpt: Excerpt from the Preface: "Where can I find a little book from which I can get a clear idea of how foreign exchange works, without going too deeply into it?"--that question, put to the author dozens of times and by many different kinds of people, is responsible for the existence of this little work. There are one or two well-written textbooks on foreign exchange, but never yet has the author come across a book which covered this subject in such a way that the man who knew little or nothing about it could pick up the book and within a few hours get a clear idea of how foreign exchange works,--the causes which bear upon its movement, its influence on the money and security markets, etc. That is the object of this little book--to cover the ground of foreign exchange, but in such a way as to make the subject interesting and its treatment readable and comprehensible to the man without technical knowledge.