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Nixon and Pompidou Agree on Dollar Devaluation Plan
In the Azores summit Nixon and Pompidou agreed to work toward a prompt realignment of exchange rates through a devaluation of the dollar and revaluation of other currencies. They did not specify the method or extent, and warned any change would require U.S. approval for gold price changes.
MENTIONED IN THIS ARTICLE
Helen Thomas Angra DO Heroismo
Azores
UPI
Nixon
Georges Pompidou
France
Peking
Moscow
United States
U.S
Washington
Wilbur D. Mills
House
Ways and Means Committee
U.S. Treasury
Pompidou
Ronald L. Ziegler
White House
Denis Baudoin
Nixon and Pompidou
Nixon Pompidou
Junta Geral
General Assembly