Foreign Exchange

Foreign Exchange is a comprehensive treatise on international finance and currency management written by Robert L. Owen in the early 20th century, specifically addressing the economic dynamics following World War I. The book emphasizes the importance of maintaining the value of the American dollar in foreign markets and discusses the challenges of currency depreciation in the post-war context. As a United States Senator from Oklahoma, Owen provides insights into the role of Federal Reserve banks in managing these economic issues, making this work notable for its historical significance in the field of finance.