Emile Moreau
1868 – 1950 French Governor of the Banque de France (1926-1930)
The Banque de France governor who stabilized the franc and challenged British monetary dominance.
- Affiliations
- Oversaw the stabilization of the franc and pressed France's gold interests against London.
Emile Moreau led the Banque de France during the franc crisis and its stabilization in the late 1920s. Wary of British and American financial power, he pushed France to build gold reserves and to convert sterling holdings into gold. His policies drew large amounts of gold into Paris and heightened tension with Montagu Norman. His detailed diary is a key source on interwar central banking.
Connections
- associate of Charles Rist — His deputy governor and close adviser at the Banque de France.
- associate of Charles Rist — Served as his deputy and represented him abroad.
- rival of Montagu Norman — Clashed over gold flows and the balance of monetary power.
- rival of Montagu Norman — Relations were tense as France pressed London over gold.
In the timeline
- 1926 Emile Moreau becomes Governor of the Banque de France central figure
- 1930 Moreau resigns from the Banque de France mentioned