A 1987 exchange rate agreement between the nations of the G-6, which at the time was composed of West Germany, Japan, Great Britain, France, Canada and the United States. The accord was implemented to stem U.S. dollar depreciation initiated by the 1985 Plaza Accord and promoted currency price stability and reference ranges for currency values instead of strict bands.
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unguaranteed residual value
Multilateral Investment Guarantee Agency
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