Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
295,068
edits
Changes
Bretton Woods Conference (view source)
Revision as of 22:16, August 26, 2025
, 22:16, August 26, 2025→Bretton Woods system
On February 14, 1945, US [[President Franklin Roosevelt]] met with and reached an agreement with [[Ibn Saud]], King of [[Saudi Arabia]], to make the US dollar the international [[reserve currency]] for the purchase of [[crude oil]].<ref>[https://www.history.com/news/fdr-saudi-arabia-king-oil How FDR Charmed a Saudi King and Won U.S. Access to Oil], BY: LESLEY KENNEDY, UPDATED: OCTOBER 25, 2023 | ORIGINAL: OCTOBER 18, 2018. history.com</ref>
On February 14, 1945, US [[President Franklin Roosevelt]] met with and reached an agreement with [[Ibn Saud]], King of [[Saudi Arabia]], to make the US dollar the international [[reserve currency]] for the purchase of [[crude oil]].<ref>[https://www.history.com/news/fdr-saudi-arabia-king-oil How FDR Charmed a Saudi King and Won U.S. Access to Oil], BY: LESLEY KENNEDY, UPDATED: OCTOBER 25, 2023 | ORIGINAL: OCTOBER 18, 2018. history.com</ref>
===Triffen's dilemma===
{{clear}}
{{clear}}