The book compasses all major subjects in international monetary theories, foreign exchange markets, international financial management and investment analysis. The book is relevant to real world problems, in the sense that it helps solve policy issues as well as practical management problems, which in turn helps one's understanding of the theory and refines the framework. Various topics are interlinked so the book adopts systematic treatment of integrated materials relating different theories under various circumstances and combining theory with practice, to identify the factors and players in foreign exchange markets and the international finance arena, and to improve the understanding of international monetary and financial management in a practical way.