Presents a comprehensive discussion of the foreign exchange market.* Discusses the key parity conditions in international finance that relate interest rates, exchange rates, and inflation rates, and the underlying arbitrage considerations that determine them-along with numerous real-world applications.* Presents distinctions between real and nominal exchange rates and between accounting and economic exposure and their significance for exchange risk management.
this book focus on decision making in an International context. Analytical techniques help translate the often vague rules of thumb used by international financial executives into specific decision criteria.
Perhaps a good book to get the insight of International Payments, FOREX, Risks Management and Capital Management. I strongly recommend this book for the people from banking& finance fraternity.