Gold exchange standard


 

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Gold exchange standard

A fixed exchange rate system adopted in the Bretton Woods agreement. It required the U.S. to peg the dollar to gold and other countries to peg their currencies to the dollar.



Gold exchange standard

Similar Matches

Forward foreign exchange rate

Forward foreign exchange rate

The exchange rate available today to exchange currency at some specified date in the future.


New York Cotton Exchange (NYCE)

New York Cotton Exchange (NYCE)

Commodities exchange in New York trading futures and options on cotton, frozen concentrated orange juice, and potatoes, as well as interest rate, currency, and index futures and options.


Equilibrium exchange rate

Equilibrium exchange rate

Exchange rate at which demand for a currency is equal to the supply of the currency in the economy.


Indirect Exchange Rate

Indirect Exchange Rate

The foreign currency price of one unit of the home currency.


Trade-weighted exchange rate

Trade-weighted exchange rate

The weighted average of a country's bilateral exchange rates using bilateral trade -- exports plus imports -- as weights. Also called an effective exchange rate.


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