Wednesday, August 29, 2012

Exchange rate regimes in one picture


This graphic presented in the The Big Picture tells the story of exchange rate regimes over the last 100 years. It is a nice reference. Some may argue that it is missing some details, but it still provides a good starting point for discussion.The exchange rate regime will be in further flux with the financial power of China rising. There is also further movement to satellite currencies that have strong balance sheets.

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