This lecture focus to presentation on Monetary System. His lecture briefly explain relationship between monetary system and foreign exchange rates, fixed vs floating exchange rates and role of the IMF and World Bank. Generally Currency exchange rates depend on the structure of the international monetary system. Finally briefly discuss on the Role of the IMF, the Role of the World Bank and Collapse of Bretton Woods with explanation. This lecture’s major observation is Evolution of the International Monetary System.
Presentation on Monetary System
