The International Monetary Market (IMM)

The International Monetary Market (IMM) was introduced in December 1971 and formally implemented in May 1972, although its roots can be traced to the end of Bretton Woods through the 1971 Smithsonian Agreement and Nixon’s suspension of U.S. dollar’s convertibility to gold. The IMM … Continue reading →

07. November 2010 by admin
Categories: The International Monetary Market (IMM) | Tags: A System for Transactions, Asian Money Markets and the IMM, Financial Crises and Liquidity, The Drawbacks of Currency Futures, The Rise of the Forex Market | Leave a comment