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Abstract

Further developments have taken place in the field of international foreign exchange since this book was written. These can be summed up as follows:

Since the Sixteenth General Meeting of the IMF held in 1961, the United States has taken a greater interest in the foreign exchange market. As a matter of policy, the United States had long made a point of exchanging foreign-held dollar balances for gold at the fixed price of $35 an ounce. Other countries, for their part, endeavoured to stabilize their rates against the dollar by operations on the foreign exchange market.

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© 1964 Shigeo Horie

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Horie, S. (1964). Epilogue. In: The International Monetary Fund. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-81738-2_10

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  • DOI: https://doi.org/10.1007/978-1-349-81738-2_10

  • Publisher Name: Palgrave Macmillan, London

  • Print ISBN: 978-1-349-81740-5

  • Online ISBN: 978-1-349-81738-2

  • eBook Packages: Palgrave History CollectionHistory (R0)

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