Under which exchange rate system was a dollar redeemable for gold only if the dollar was presented by a foreign central bank?

Question

Quizplus · Accepted Answer

The Bretton Woods System was a fixed exchange rate system established in 1944, in which the US dollar was the anchor currency and tied to gold at a fixed rate. Other currencies were fixed to the US dollar. However, the US government could redeem dollars for gold only if they were presented by foreign central banks, not by individuals or entities within the US. This created a gold exchange standard rather than a full gold standard.

Under Which Exchange Rate System Was a Dollar Redeemable for Gold