gold basis
Americannoun
noun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Lord Willingdon, Viceroy of India, signed a decree in Simla taking the rupee off a gold basis with the pound.
From Time Magazine Archive
The Dawes Plan proposes to put Germany back on a gold basis, and consequently make the German mark a gold par currency.
From Time Magazine Archive
Britain's immediate money troubles go back to 1925, when to uphold British prestige Winston Spencer Churchill, moon-faced Conservative Chancellor of the Exchequer, put the pound back on a gold basis.
From Time Magazine Archive
In Colombia, harassed President Olaya Herrera decided that his country's burdens are too great to bear on a gold basis.
From Time Magazine Archive
The country has its own coinage and is on a gold basis.
From Modern India by William Eleroy Curtis
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