Word: used
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Dates: during 1960-1969
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...crisis in world money markets had been gathering, set off by rumors that West Germany's healthy Deutsche Mark would be revalued. Speculators hastened to sell their francs for marks, and during that period a total of some $1.7 billion in francs was sold, forcing France to use its gold reserves to support the parity of its currency. The run stopped only when the world's currency markets were closed down for three days to give the West's industrial nations, the so-called Group of Ten, a chance to solve the crisis. After three days...
...fragility. There are at least two separate, but related, troubles. The volume of world trade is rising far more quickly than the global supply of gold. To overcome that gap, the IMF last year devised a sort of "paper gold"-a new international money called "special drawing rights." Use of the SDKs, as they are called, awaits ratification by nations that contribute at least 80% of the IMF's $21 billion bankroll...
...offense, whenever the fast break fails to materialize, Harrison will use a 1-2-2 with sophomore Dale Dover, strong and quick, on the outside point, Ernie Hardy and Bobby Johnson on the wings and Kanuth (or 6-8 sophomore George Yates) and Chris Gallagher under the basket...
Another two-year veteran, Barth Royer hasn't recovered fully from a knee operation over the summer. Harvard could use his shooting eye. Harrison expects 6-10 Paul Waickowski to "win a couple of games" with the big play--a tip in, a rebound, a blocked shot--even though the senior won't play regularly...
...when it stipulates a specific expenditure. Actually, Harvard's University Fund, which holds all the untied money, compises almost one-third of the total endowment. Last year, more than $25 million of the total $130 million which Harvard received in gifts was untied. So administrators have ample funds to use at their own discretion...