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Basel Accord
The financial definition for Basel Accord:
Agreement concluded among country representatives in 1988 in Switzerland to develop standardized risk-based capital requirements for banks across countries.
Similar MatchesLouvre AccordLouvre Accord 1987 agreement between countries to attempt to stabilize the value of the
US dollar.
Plaza AccordPlaza Accord Agreement among country representatives in 1985 to implement a coordinated program to weaken the dollar.
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