Name: Tug of War: Today's Global Currency Crisis (en Inglés)
Price: 197454.00 COP
Availability: InStock
Author: Na Na
ISBN: 9780312159009

portada Tug of War: Today's Global Currency Crisis (en Inglés)

Formato

Libro Físico

Editorial

Palgrave Macmillan

Autor

Na Na

Año

1997

Idioma

Inglés

N° páginas

164

Encuadernación

Tapa Blanda

Peso

ISBN

0312159005

ISBN13

9780312159009

N° edición

1996

Categorías

Cambio de divisas

Tug of War: Today's Global Currency Crisis (en Inglés)

Na Na (Autor) · Palgrave Macmillan · Tapa Blanda

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Origen: Estados Unidos (Costos de importación incluídos en el precio)

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Reseña del libro "Tug of War: Today's Global Currency Crisis (en Inglés)"

In recent years, the value of the U.S. dollar has fluctuated wildly. Japanese investors have lost billions in U.S. markets, causing an almost unprecedented run on the dollar. The leaders of the world currency markets were forced to band together to push up the value of the U.S. dollar. Tug of War: Why You Should Care About the Global Currency Crisis is the riveting story of this flow of money around the globe and what it means for us today.In 1991, the Mexican government tied the value of the peso to the dollar. As the peso slid and almost vanished, the fortunes of the dollar waned. Investors around the world, especially the Japanese, lost confidence in the dollar, creating a soaring yen and dragging down the value of the dollar even more. Subsequent events in the world currency markets pulled the dollar in even more directions: rogue traders lost billions on bad deals; the European Union began determining the value of its own currency; Japanese banks admitted enormous, previously concealed, losses. The tug of war continued. Paul Erdman, as well-known for his ability to predict financial markets as for his ability to write a suspenseful story, clearly explains the tangled basis and continuing strength of the currency crisis, gives his predictions about the future, and offers advice to market masters on the direction they should pursue. Significantly updated for this paperback edition, Tug of War, as compelling as any novel, is certain to be one of the most important financial books of this or any other year. Readers will not want to be left out when Erdman predicts the winner in this economic battle.