Sterling area
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The sterling area was a group of countries that either adopted or pegged their currencies to the pound sterling.
The Indian Rupee was one of the currencies of the sterling area.
Bretton Woods system
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The Bretton Woods system of monetary management established the rules for commercial relations among 44 countries, including the United States, Canada, European countries, and Australia, after the 194
Sterling area
…countries with their own currency held a large portion of their foreign currency reserves as sterling balances in London. After the Second World War, the Bretton Woods system of fixed exchange rates to the US dollar (convertible to gold) gave the sterling area a second lease of life as Commonwealth of Nations kinship and…
Cordell Hull, U.S. Secretary of State 1933–44
Roosevelt and Churchill's secret meeting of 9–12 August 1941 in Newfoundland resulted in the Atlantic Charter, which the U.S. and Britain officially announced two days later.
John Maynard Keynes (right) and Harry Dexter White at the inaugural meeting of the International Monetary Fund's Board of Governors in Savannah, Georgia, U.S., 8 March 1946