释义 |
gold-exchange standard
gold-exchange standard n (Banking & Finance) a monetary system by which one country's currency, which is not itself based on the gold standard, is kept at a par with another currency that is based on the gold standard EncyclopediaSeegold standardgold-exchange standard
gold-exchange standard a modified version of the ‘pure'GOLD STANDARD in which CURRENCIES such as the US DOLLAR are used by countries in addition to GOLD to settle BALANCE OF PAYMENTS deficits. See INTERNATIONAL RESERVES. |