See Also: Smithsonian agreement(finance)
Smithsonian Agreement(money)
Smithsonian(dictionary)
Smithsonian Institution(encyclopedia)
Smithsonian Institution(dictionary)
Tight money or dear money(finance)
ABC agreement(money)
agreement(dictionary)
agreement(dictionary)
Agreement(money)

Smithsonian Agreement (money)


Definition: [crh] A revision to the Bretton Woods international monetary system that was signed at the Smithsonian Institution inDefinition: Washington, D.C., in December 1971. Included were a new set of par values, widened bands to +/- 2.25% of par, and an increase in the official value of gold to US$38.00 Definition: per ounce.