Unrest in exchange markets and disturbing flows of speculative capital persisted throughout much of 1972. Early in 1973 the Smithsonian exchange rates collapsed ...
The United States agreed “to propose to Congress a suitable means for devaluing the dollar in terms of gold to $38.00 an ounce as soon as the related set of ...
由 EL Morse 著作 · 1973 · 被引用 4 次 — cent as spelled out in the Smithsonian agreement of December 1971). Another set of issues, to be negotiated with the more immediate ob- jectives of the NEP ...
... Smithsonian Agreement. Although characterized by Nixon as “the most significant monetary agreement in the history of the world,” the exchange rates ...
The US pledged to peg the dollar at $38/ounce (instead of $35/ounce; in other words: the USD rate lost 7.9%) with 2.25% trading bands, and other countries ...
2023年3月29日 — The Smithsonian Agreement was an agreement signed by 10 top industrialized countries in 1971to regulate international payment and exchange ...
On Dec. 17 and 18, 1971, representatives of the Group of Ten met at the Smithsonian Institution in Washington, D.C., and agreed on a realignment of currencies ...
At the Smithsonian meeting, the United States agreed to devalue the dollar against gold by approximately 8.5 percent to $38 per ounce. Other countries offered ...