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In adopting the policy of government-managed currency the new deal determinded that the value of the US dollar would be set by?
In 1933, FDR forbade the export of gold and took the nation off the gold standard. No longer would paper money be redeemed in gold coin, which was being horded. Instead, the value of money was to be based on the government's word, and the price of gold was frozen by law at $35 per ounce.
What else can I help you with?
What dollar do Italy use?
The currency used is the same one as most of the European Union countries: The EURO!
What is Poland's dollar called?
there's no such currency as polish dollar
What is Guam's currency?
US Dollar
What is the name of the currency in the northwest territory?
The currency used in the Northwest Territories, Canada, is the Canadian Dollar (CAD). The Canadian Dollar is also the official currency of Canada and is subdivided into 100 cents.
What is the currency of Alaska?
U. S. Dollar
What is the Australia currency?
The currency in Australia is the Australian Dollar.
Currency of dollar into Indian currency?
value of Indian currency in dollar is continuously changing thing.
What is the basic unit of currency for Tuvalu?
The currency used in Tuvalu is the Tuvaluan dollar and the Australian dollar.
What is the national currency of Tuvalu?
The Tuvaluan dollar and the Australian dollar are the currency of Tuvalu.
What is the currency of a dollar in Seattle?
A dollar.
What is an Amero dollar worth today?
Amero is a hypothetical currency for the North American union, the economic and monetary union of the three principal countries of North America, namely Canada, the United States, and Mexico. Implementation would probably involve the three countries giving up their current currency units (Canadian dollar, U.S. dollar, and Mexican pesos) and adopting a new one, created specifically for this purpose.Currently the worth of this currency is not known but it's definitely going to have a greater value than US dollar.
What is currency acceptable?
dollar currency using as a global currency
What does 1 centimo mean?
Prior to adopting the Euro, a centimo was equivalent to one hundredth of a Spanish dollar. Centimos became obsolete when Spain adopted the single European currency on December 31, 1998.
The national currency of US?
The currency of the United States is the US Dollar
What currency does John F. Kennedy have?
His currency was the half dollar or know as the silver dollar.
What is the currency of Singapore and Australia?
The currency of Singapore is the Singapore Dollar (SGD), while the currency of the Australia is the Australian Dollar (AUD).
Is Canadian currency the same as US currency?
No, Canadian currency is not the same as US currency. The Canadian dollar is the official currency of Canada, while the US dollar is the official currency of the United States.
