ABSTRACT
This conclusion presents some closing thoughts on the key concepts discussed in the preceding chapters of this book. The book analyses the rationale for intervention in foreign exchange markets and the conditions under which intervention can be manipulatory. It evaluates the viability of fiat money in the distant future, given the emergence of complementary electronic currency. To interpret and enforce domestic and international laws, motives and actions must be evaluated under the appropriate settings of judicial or quasi-judicial competencies. Despite the euphoric sentiments surrounding crypto-currencies, the role of fiat money in international economic relations will not be significantly diminished. This is because money has some timeless and irreversible properties that cannot possibly be disregarded when any form of unit of account is being discussed or introduced. The future of global monetary relations is already apparent in many ways. The old rules are no longer sufficient to regulate the global economy, and some nations are resorting to regional financial arrangements.
