1968: International Banking And Finance

Archives consist of articles that originally appeared in Collier's Year Book (for events of 1997 and earlier) or as monthly updates in Encarta Yearbook (for events of 1998 and later). Because they were published shortly after events occurred, they reflect the information available at that time. Cross references refer to Archive articles of the same year.

The third international financial crisis in 12 months was climaxed on November 24 by President Charles de Gaulle's refusal to devalue the franc. Throughout November the French currency had been under attack in the world money markets because of rumors that the West German mark would be revalued... ...