Learn what happened in business in today’s past


July 22:

1946: The Bretton Woods Agreement is signed in Mount Washington, N.H., pegging major foreign currencies to the U.S. dollar, fixing the gold price at $35 per ounce, and laying the groundwork for the International Monetary Fund and the World Bank.

Jack Weatherford, The History of Money (Crown, New York, 1997), p. 183.