The rise and fall of the dollar, or when did the dollar replace sterling as the leading international currency? /

We present new evidence on the currency composition of foreign exchange reserves in the 1920s and 1930s. Contrary to the presumption that the pound sterling continued to dominate the U.S. dollar in central bank reserves until after World War II, we show that the dollar first overtook sterling in the...

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Bibliographic Details
Main Author: Eichengreen, Barry J
Corporate Author: National Bureau of Economic Research
Other Authors: Flandreau, Marc
Format: Book
Language:English
Published: Cambridge, MA : National Bureau of Economic Research, c2008
Series:Working paper series (National Bureau of Economic Research) ; working paper no. 14154
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Massachusetts Institute of Technology

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Call Number: H11.N27534 no.14154