United Nations Monetary and Financial Conference
From Free net encyclopedia
(Difference between revisions)
Current revision
Image:Mount Washington Hotel.jpg
The United Nations Monetary and Financial Conference, commonly known as Bretton Woods conference, was a gathering of 730 delegates from all 45 Allied nations at the Mount Washington Hotel, situated in the resort town of Bretton Woods, New Hampshire. The conference was held from 1 July to 22 July, 1944, when the Agreements were signed to set up the International Bank for Reconstruction and Development and the International Monetary Fund, to regulate the international monetary and financial order after World War II.
As a result of the conference, the Bretton Woods system of exchange rate management was set up, which remained in place until the early 1970s.