International Monetary Fund Annual Report 1956

International Monetary Fund Annual Report 1956
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Series:
Annual Report of the Executive Board
Author(s):
International Monetary Fund
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
September 1956
DOI:
http://dx.doi.org/10.5089/9781616351687.011
ISBN:
9781616351687
ISSN:
2227-8915
Page:
210
This paper reviews key findings of the IMF's Annual Report for the fiscal year ended April 30, 1956. The report highlights that the world payments situation has in fact improved, restrictions have been further relaxed, the transferability of important currencies has been extended, and discrimination, especially that resulting from bilateral arrangements, has had less influence on the direction of trade. Progress in extending multilateral trade and payments has thus been maintained, although during the year there was no addition to the list of IMF members that have established formal convertibility of their currencies.
Chapter

IV: Internal Monetary and Fiscal Developments

Author(s):
International Monetary Fund
Published Date:
September 1956
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