The role of commercial banks in foreign exchange speculation
The article suggests that, contrary to popular belief, banks can play a useful role in foreign exchange speculation if they are given a chance to draw a permanent profit from it and are convinced of the ability of the monetary authorities to maintain the exchange rate within certain pre-established...
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Format: | Article |
Language: | English |
Published: |
Associazione Economia civile
2014-02-01
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Series: | PSL Quarterly Review |
Subjects: | |
Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11662 |