Kazue ShodaSeptember 1917
Japan prohibits gold exports during the First World War, suspending the external operation of the pre-war gold standard while retaining the legal parity.
Japan · Government / Government of Japan. Chronological records rendered directly from the World History Database.
Japan prohibits gold exports during the First World War, suspending the external operation of the pre-war gold standard while retaining the legal parity.
Japan prohibits gold exports as wartime demand places pressure on its monetary reserves.
Takahashi immediately restores the gold export embargo and frees the yen from its overvalued parity.
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