The recent financial crisis has troubled the US, Europe, and beyond, and is indicative of the integrated world in which we live. Today, transactions take place with the use of foreign currencies, and their values affect the nations' economies and their citizens' welfare. Exchange Rates and International Financial Economics provides readers with the historic, theoretical, and practical knowledge of these relative prices among currencies. While much of the previous work on the topic has been simply descriptive or theoretical, Kallianiotis gives a unique and intimate understanding of international exchange rates and their place in an increasingly globalized world.
"Currency movement can make or break a corporation in today's global business environment. As such, this book serves as a useful tool for students, scholars and professionals in search of a practical understanding of the forces behind international exchange rate movements. Thank you, Dr. Kallionitis, for sharing your insight and wisdom - a great contribution to the field of international finance." - Cathyann D. Tully, Associate Professor of Finance, Wagner College, USA