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gold franc

Gold franc (ie the Poincare franc)

1) Theoretical gold franc originally used to provide a fixed (ie inflation proof) value for carrier’s liability. With gold prices no longer stable it is replaced by the SDR.

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Poincare Franc (the gold franc)

1) Theoretical gold franc originally used to provide a fixed (ie inflation-proof) value for carrier's liability. With gold prices no longer stable it is replaced by the SDR.

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