gold-exchange standard


gold-exchange standard

gold-exchange standard [gohld-iks-cheynj] noun

  1. a monetary system in one country in which currency is maintained at a par with that of another country that is on the gold standard.

British Dictionary definitions for gold-exchange standard gold-exchange standard noun

  1. 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

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