Mahathir, Soros and the currency markets: amoral maybe, but currency speculators are both necessary and productive

Article Abstract:

Prime Minister Mahathir, who has had a feud with currency speculators, told the World Bank and the International Monetary Fund that the activities of the speculators are unnecessary and immoral. Mahathir seems to believe that government, rather than markets, are the best judge of exchange rates.

International aspects, Economic policy, Political aspects, Currency options, Malaysia, Mahathir Mohamad

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At last, FX online

Article Abstract:

Reuters is collaborating with Chase Manhattan, Deutsche Bank and Citigroup to offer internet foreign exchange services.

Joint ventures, Chase Manhattan Bank N.A., Reuters Ltd., Deutsche Bank AG, Citigroup Inc. (New York, New York)

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The long, dark shadow of Herstatt

Article Abstract:

Changes affecting currency trading, and reasons for the reforms, are examined in detail.

Laws, regulations and rules, Financial markets

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