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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Bibliographic Details
Main Author: B. CUTILLI
Format: Article
Language:English
Published: Associazione Economia civile 2014-02-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11662