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Bretton Woods and the Growth of the Eurodollar Market
Abstract: The postwar system of fixed exchange rates forced many countries to impose capital/currency controls. Banks created a loophole with the eurodollar.
Keywords: Bretton Woods; fixed exchange rates; eurodollar;
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https://www.stlouisfed.org/on-the-economy/2022/january/bretton-woods-growth-eurodollar-market
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2022-01-20