Eichengreen, Barry - In: The journal of European economic history 51 (2022) 1, pp. 75-111
London's preeminence as a foreign exchange trading center is of recent vintage. Before World War I, there was little … transactions. This specialization in turn enabled it to become the leading center for Eurodollar deposits in the 1950s and the … premier currency trading center following the removal of ex- change control in 1979. London's current preeminence is partly a …