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Gaurav Seth 6 years, 9 months ago
The Bretton Woods Agreement:
The Bretton Woods Agreement was agreed at the United Nations Monetary and Financial Conference that was held in Bretton Woods of New Hampshire, from July 1 to July 22, 1944.
The Bretton Woods Agreement is the milestone system to manage monetary and exchange rate.
This created the World Bank and IMF to set up a system of fixed exchange rates with the US dollar as the international reserve currency.
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