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Bretton wood system of exchange rate

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Bretton wood system of exchange rate

    • Posted by Kittu K 7 years, 8 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Deepa Tomar 7 years, 8 months ago

    This is the another part of fixed exchange rate.In this system each country define its currency in US $ under the supervisory of international money fund.it is also known as adjustable peg system of foreign exchange.

    0Thank You

    Yami Wadhwa 7 years, 8 months ago

    This was howevr the part of fixed exchange rate . But some adjustments were possible or allow in this system . That's why another name of this system was also called adjustable peg system of exchange rate .

    0Thank You

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