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The Basics of Foreign Exchange Markets, 2nd Edition
book

The Basics of Foreign Exchange Markets, 2nd Edition

by William D. Gerdes
March 2018
Beginner content levelBeginner
104 pages
2h 37m
English
Business Expert Press
Content preview from The Basics of Foreign Exchange Markets, 2nd Edition

CHAPTER 1

Introduction

Foreign Exchange Markets: Street Smart

The equatorial mid-day humidity is stifling as I traverse, by foot, the city center of Dar es Salaam. As a newcomer to the country, I am marveling at the beehive of activity that is this city of nearly two million in a country that was once the German colony of Tanganyika, and later a part of the British Empire. Sidewalks are lined with card tables where vendors are actively hawking their wares, some with marketing skills that would put many westerners to shame.

I purchase a few German coins (dated 1916) that once circulated in the colonial days. Nearby is an entrepreneur selling cigarettes individually for those who cannot afford to buy a full pack. (I later find out that it is possible ...

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Publisher Resources

ISBN: 9781947098718