World currency pound sterling. The transition between pound sterling and United States dollar and its impact for central banks was described recently. In the period following the Bretton Woods Conference of 1944, exchange rates around the world were pegged to the United States dollar, which could be exchanged for a fixed amount of gold. This reinforced the dominance of the US dollar as a global currency. Since the collapse of the fixed exchange rate regime and the gold standard and the institution of floating exchange rates following the Smithsonian Agreement in 1971, most currencies around the world have no longer been pegged
Fools Gold/What the World Is Waiting For Fools Gold/What the World Is Waiting For "Fools Gold" and "What the World Is Waiting For" are two songs by British rock band the Stone Roses. They were released together as a double A-side single on 13 November 1989 through Silvertone Records. "Fools Gold" would go on to appear on certain non-UK versions of their self-titled debut studio album (1989). "Fools Gold" became the band's biggest commercial hit at the time. It was their first single to reach the top ten of the UK Singles Chart and stayed in the top-75 for fourteen weeks, peaking at number eight. "Fools Gold"