History and Mechanism of the Exchange Equalisation Account

Delve into the intriguing history and operational mechanisms of the Exchange Equalisation Account with Leonard Waight's insightful book, History and Mechanism of the Exchange Equalisation Account. Originally published in 1939 and reissued by Cambridge University Press in 2016, this comprehensive study spans 206 pages and offers a focused examination of key phases and events in the Account's development. Waight artfully illustrates the evolutionary nature of the mechanisms used, providing readers with a clear understanding of the complexities involved in currency management and foreign exchange rates in Great Britain. This book is an essential read for anyone interested in finance, economic history, or the intricacies of currency regulation. Enhance your knowledge of this vital financial institution and its impact on the economy by adding this valuable resource to your collection.