Plaza Accord

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August 31, 2024 3 min read Definitions
Plaza Accord: An International Agreement on Economic Policies
Economics Finance Plaza Accord International Agreement US Dollar Currency Depreciation Economic Policies
The Plaza Accord was an international agreement signed in 1985 by France, Japan, the United Kingdom, the United States, and West Germany aimed at depreciating the US dollar to address the US current account deficit and end the recession.
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