Bretton Woods System - Pegged Rates

Pegged Rates

Dates shown are those on which the rate was introduced; "*" indicates floating rate supplied by IMF

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Famous quotes containing the word rates:

    [The] elderly and timid single gentleman in Paris ... never drove down the Champs Elysees without expecting an accident, and commonly witnessing one; or found himself in the neighborhood of an official without calculating the chances of a bomb. So long as the rates of progress held good, these bombs would double in force and number every ten years.
    Henry Brooks Adams (1838–1918)