Under the _____ of 1987,the Group of Five agreed that exchange rates had realigned sufficiently from earlier levels and pledged to support the stability of exchange rates around their current levels by intervening in the foreign exchange market when necessary.

Question

Quizplus · Accepted Answer

The Louvre Accord of 1987 was an agreement among the Group of Five to stabilize exchange rates after the realignment achieved by the Plaza Accord.

Under the _____ of 1987,the Group of Five Agreed That