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  • Fixed exchange-rate system - Wikipedia
    A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed against either the value of another single currency, a basket of other currencies, or another measure of value, such as gold There are benefits and risks to using a fixed exchange rate A fixed exchange rate is typically used to stabilize the value of a
  • Bretton Woods system - Wikipedia
    The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western European countries, Australia, and Japan after the 1944 Bretton Woods Agreement The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states













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