Basel-Munich Agreement

The Basel-Munich Agreement was an international agreement from the late 19th century aimed at regulating the gold standard and currency exchange between Switzerland (Basel) and southern Germany (Munich). It sought to coordinate monetary policies and stabilize exchange rates to promote economic stability and facilitate trade across these regions. Essentially, the agreement helped ensure that currencies in these areas remained consistent and trusted, reducing financial uncertainties. While less prominent today, it played a role in shaping economic cooperation in Europe during that period.