Woods example sentences

A major development was the devaluation of the rupee by 3 5 per cent in June, 196 With the breakdown of the Bretton Woods system, and also the declining share of UK in India's trade, the rupee was delinked from the pound sterling in September 197 During the period between 1975 to 1992, the exchange rate of the rupee was officially determined by the Reserve Bank within a nominal band of plus or minus 5 per cent of the weighted basket of currencies of India's major trading partners.Keynes — a noted economist joined together at Bretton Woods, New Hampshire to identify measures to restore peace and normalcy in the world.Countries have had flexible exchange rate system ever since the breakdown of the Bretton Woods system in the early 1970s.It was so warm, so bright! The birds were chirping at the edge of the woods; and in the open field back of the sawmill the Prussian soldiers were drilling.This was the Triffin Dilemma after Robert Triffin, the main critic of the Bretton Woods system.The International Bank for Reconstruction and Development (IBRD), commonly known as World Bank, was result of the Bretton Woods Conference.They lived near the woods, cultivated small patches of land, engaged in a variety of petty trades and took care of their herds.The Bretton Woods System: The Bretton Woods Conference held in 1944 set up the International Monetary Fund (IMF) and the World Bank and reestablished a system of fixed exchange rates.Like on the lines of IMF and the World Bank, it was initially decided at the Bretton Woods conference to set up the International Trade Organisation (ITO) to promote and facilitate international trade among the member countries and to overcome various restrictions and discriminations as were being practiced at that time.Post-independence, in view of the prevailing Bretton Woods system, the Indian rupee was pegged to the pound sterling due to its historic links with Britain.He wrote: 'Their families live in small villages near the skirt of the woods, where they cultivate a little ground, and keep some of their cattle, selling in the towns the produce of the dairy.The men graze the cattle, and frequently lie out for weeks in the woods tending their herds.How do you make that out? How? I'm speaking of those Oxen Meadows which are wedged in between your birchwoods and the Burnt Marsh.Fear of such an attack induced the US to let its currency float in 1971, one of the major events which precipitated the breakdown of the Bretton Woods system.The breakdown of the Bretton Woods system was preceded by many events, such as the devaluation of the pound in 1967, flight from dollars to gold in 1968 leading to the creation of a two-tiered gold market (with the official rate at $35 per ounce and the private rate market determined), and finally in August 1971, the British demand that US guarantee the gold value of its dollar holdings.