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Management of the Foreign Exchange and Deposit Dealing Functions

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Money and Exchange Dealing in International Banking

Part of the book series: International Banking Series ((IBS))

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Abstract

Because of the importance of the role of foreign exchange and money market activities to an international bank, it is imperative that such activities be properly controlled and managed. Not only do the dealing department and the individual dealers need to know their positions or exposures in a particular currency but so does management since, if they are not known, the correct decision on trading policy cannot be made.

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© 1979 Nigel R.L. Hudson

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Hudson, N.R.L. (1979). Management of the Foreign Exchange and Deposit Dealing Functions. In: Money and Exchange Dealing in International Banking. International Banking Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-04466-5_7

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