gold exchange standard meaning in Hindi

Examples

1. The gold exchange standard was suspended February 8, 1932.
2. When Siam adopted a gold exchange standard in 1908, only China and Hong Kong remained on the silver standard.
3. Economic historian Barry Eichengreen, in " The Golden Fetters ", has argued that because of the then internationally prevailing gold exchange standard, the Federal Reserve's hands were tied.
4. Due to limited growth in the supply of gold reserves, during a time of great inflation of the dollar supply, the United States eventually abandoned the gold exchange standard and thus bullion convertibility in 1974.
5. It was finally stabilized during 1926, and on March 4, 1927 Ecuador went on the gold exchange standard, with the sucre equal to 300.933 mg fine gold or US $ 0.20 ( a devaluation of 58.8 % ).
6. The idea was that when the exchange value had diverged significantly from that of the other silver dollars, then the authorities would peg it to sterling at that value, hence putting the Straits Settlements unto the gold exchange standard.
7. Yet even the gold exchange standard, established in the Bretton Woods agreements after World War II, while a good deal more flexible than the pre-World War I gold standard, still did not give individual countries full monetary and fiscal sovereignty.
8. The Gold Exchange standard of the interwar period, as Kindleberger cogently stated, collapsed because " Britain couldn't and America wouldn't . " In fact, Kindleberger provides a slightly different variation of monetary hegemony that possesses five functions rather than three defined here.
9. The piastre remained on the silver standard until 1920, when due to the rise in the price of silver after the First World War, it was pegged to the French franc at a varying rate hence putting it unto a gold exchange standard.
10. This system failed, however, not only due to Britain s incapability, but to the growing decentralization of the international monetary system with the rise of New York and Paris as financial centers that resulted in the collapse of the gold exchange standard in 1931.