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Historical Background

The Historical Development and Modern Structure of Foreign Exchange
  • Adam Kritzer

Abstract

While the history of foreign exchange is almost as long as civilization itself, one need only go back as far as 1944 to unearth the foundation of the modern structure of foreign exchange. Having witnessed the Great Depression and two world wars, global leaders were naturally anxious to bring about stability, and the creation of a new economic and financial system was an important step toward that goal.

Keywords

Exchange Rate Central Bank International Monetary Fund Foreign Exchange Hedge Fund 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

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Copyright information

© Adam Kritzer 2012

Authors and Affiliations

  • Adam Kritzer

There are no affiliations available

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