Bretton Woods Agreement
A 1944 agreement made in Bretton Woods, New Hampshire, which helped to establish a fixed exchange rate in terms of gold for major currencies. The International Monetary Fund was also established at this time.

Investopedia Says:
This agreement governed currency relationships until the early 1970s, when a floating exchange rate system was adopted. Before its breakdown, the agreement was useful in maintaining order and accomplishing common objectives among the states that created it.

Related Terms:
Currency
Exchange Rate
Fixed Exchange Rate
Floating Exchange Rate
Gold Standard
International Monetary Fund - IMF
Organization For Economic Co-operation and Development - OECD
World Trade Organization - WTO

• Gather In The Stops
• Gazelle Company
• Gazump
• Gazunder
• GBP
• GDP Gap
• GDP Price Deflator
• Gearing
• Gearing Ratio
• Gemology
• General Agreement On Tariffs And Trade (GATT)
• General Agreement On Tariffs And Trade (GATT)
• General And Administrative Leverage
• General Collateral Financing Trades (GCF)
• General Collateral Financing Trades (GCF)
• General Depreciation System (GDS)
• General Depreciation System (GDS)
• General Ledger
• Generally Accepted Accounting Principles (GAAP)
• Generally Accepted Accounting Principles (GAAP)
• Generally Accepted Auditing Standards (GAAS)
• Generally Accepted Auditing Standards (GAAS)
• General Motors (GM) Indicator
• General Obligation Bond (GO)
• General Obligation Bond (GO)