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PAR VALUE REGIME [1 record]

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Record 1 2004-06-15

English

Subject field(s)
  • Currency and Foreign Exchange
CONT

The Breton Woods institutions, established in 1946, sought to restore predictability to international economic relations through the development of an international code of conduct. The par value system, a regime of basically fixed exchange rates, became the vehicle for promoting this code.

French

Domaine(s)
  • Politique monétaire et marché des changes
CONT

Les institutions créées à Bretton Woods en 1946 visaient à rétablir la stabilité des relations économiques au moyen d'un code de conduite international. Le système des parités, essentiellement un système de taux de change fixes, fut l'instrument d'application de ce code.

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
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