Indias Exchange Problem

Author : F. V. Rushforth
Publisher :
ISBN 13 : 9781332143382
Total Pages : 54 pages
Book Rating : 4.1/5 (433 download)

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Download or read book The Indian Exchange Problem (Classic Reprint) written by F. V. Rushforth and published by . This book was released on 2015-08-04 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Indian Exchange Problem This pamphlet is not intended to be an exposition of the Indian currency system, nor a treatise on foreign exchanges in general. It is simply a short statement of the theory and practice of rupee-sterling exchange with special reference to the events which have followed the introduction of the policy recommended in the Babington-Smith Currency Committee. The substance of the pamphlet originally appeared in "The Statesman" and my thanks are due to the proprietors of that paper for permission to reproduce the articles which have appeared from time to time in its columns. To those who may desire to study in greater detail the fascinating subject of Indian finance and currency I would suggest a reference to Mr. Findlay Shirras's book "Indian Finance and Banking," and to the annual reports on the operation of the Currency Department by the Controller of Currency. The general theory of foreign exchanges is explained in an elementary manner in Clare's "A. B. C. of the Foreign Exchanges." An excellent study of the Eastern exchanges will be found in Spalding's "Eastern Exchange, Currency and Finance." The full text of the Report of the Babington-Smith Currency Committee should be studied, and the Minutes of Evidence taken before the Committee will also be found worthy of perusal. It is hoped that this brief analysis of the events of the past year will be found of interest to students, and possibly of practical use to business men who have been perplexed by the kaleidoscopic changes which have been experienced since Indian exchange broke away from its traditional parity at one and four pence per rupee. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.