
Bancors

Translation bancors into russian
bancor
NounThe concept of bancor was proposed by John Maynard Keynes.
Концепция банкоров была предложена Джоном Мейнардом Кейнсом.
Definitions
bancor
NounA proposed international currency that was suggested by John Maynard Keynes during the negotiations that established the Bretton Woods system in 1944. It was intended to be used as a unit of account in international trade.
The concept of the bancor was introduced to facilitate global trade and reduce the imbalances between nations.