Map of Koshigaya on S. balance of payments raised doubts about the continued convertibility of the dollar into gold and, therefore, the status of the dollar as a key currency was also doubted, but such deficits were required to increase international reserves. Sharp increases in the U.S. deficit in 1971 forced the abandonment of dollar convertibility into gold, shattering the Bretton Woods system. Thus, a floating exchange rate was allowed, where the rates at which national currencies exchange for one another are determined by demand and supply of national currencies in foreign-exchange markets. One currency can depreciate or appreciate relative to another country’s currency. Map of Koshigaya 2016.
Map of Koshigaya Photo Gallery
Map of Koshigaya Holiday Map Q.