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Bretton Woods and the Growth of the Eurodollar Market

Praew Grittayaphong and Paulina Restrepo-Echavarria

On the Economy from Federal Reserve Bank of St. Louis

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 (search for similar items in EconPapers)
Date: 2022-01-20
New Economics Papers: this item is included in nep-his
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