Gold Exchange Standard System agreed to under the Bretton Woods agreement for fixing exchange rates. The U.S. pegged or linked the value of the dollar to gold and other countries pegged their currencies to the U.S. dollar. … [Read more...]
PFhub - Business, Financial & Economic News
PFhub is the the authoritative source of economic, business and financial news from around the world.
Gold Exchange Standard System agreed to under the Bretton Woods agreement for fixing exchange rates. The U.S. pegged or linked the value of the dollar to gold and other countries pegged their currencies to the U.S. dollar. … [Read more...]