Bretton Woods System
The 1944–1971 blend of gold standard and floating rates under which all currencies were pegged to the USD at a fixed rate within plus or minus 1%, and the USD was pegged to gold.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Where this is taught
Free preparation for NISM Series I← All terms