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Smithsonian Agreement

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Definitions

Smithsonian Agreement

Smithsonian Agreement Bretton Woods Exchange Rates 1971

An agreement reached in 1971 attempting to restore a Bretton Woods-style system of pegged exchange rates.

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Definitions

Smithsonian Parities

International Economics Currency Exchange Bretton Woods Smithsonian Agreement Global Finance

New parities for the world’s major currencies agreed at the Smithsonian conference in 1971 to replace the Bretton Woods system.

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