Back Matter

Back Matter

Author(s):
International Monetary Fund
Published Date:
September 1975
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    INDEX

    An asterisk (*) denotes a table; a dagger (†) denotes a chart.

    Abu Dhabi

    • Oil facility in Fund, 55

    Afghanistan

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 78*, 80*, 83*

    • SDRs, 72*, 76*, 77*, 78*

    • Stand-by arrangement with Fund, 79*

    Algeria

    • Exchange rate, 68* SDRs, 48*, 72*, 77*

    Argentina

    • Exchange rate, 47, 66, 68*

    • Purchases and repurchases from Fund, 78*, 80*, 82*, 83*

    • SDRs, 48*, 72*, 77*

    Articles of Agreement

    • Amendment of, 40, 42, 43–45, 98, 99, 101

    • Article VIII, members accepting obligations of, 86*

    • Article XXV, Section 1(a), “equal value” principle, 48

    Australia

    • Exchange rate, 46, 65, 68*

    • Prices, 4*

    • SDRs, 48, 72*, 76*, 77*

    Austria

    • Exchange rate, 25, 291, 68*

    • Industrial production, 5†

    • Oil facility in Fund, 56

    • SDRs, 48*, 72*, 77*

    Bahamas

    • Exchange rate, 68*

    Bahrain

    • Exchange rate, 68*

    Balance of Payments

    • Adjustment process, 18-20

    • Developments, 12—16

    • Financing of deficits, 1, 37, 38-40

    • Industrial countries, 12, 13, 14, 15-16, 18

    • Primary producing countries, 1, 2, 12, 13, 15, 16, 19, 21, 22

    • Summary, 13*, 16*

    Bangladesh

    • Exchange rate, 68*

    • Purchases from Fund, 49, 52, 78*, 80*

    • SDRs, 72*, 76*, 78*

    • Stand-by arrangement with Fund, 79*

    Bank for International Settlements (BIS)

    • Holder of SDRs, 50

    Barbados

    • Exchange rate, 68*

    • SDRs, 72*, 77*

    Belgium

    • Exchange rate, 23 (fn), 68*; see also Exchange Rates, Dollar/”snake” currencies relationship and European narrow margins arrangement

    • General Arrangements to Borrow, 85*

    • Industrial production, 5†

    • International reserves, 36*

    • Oil facility in Fund, 56

    • SDRs, 49*, 72*, 77*

    Board of Governors

    • Committee on Reform of the International Monetary System and Related Issues (Committee of Twenty), 41, 42, 43

    • Council of Governors, 42, 43-44, 45, 98, 100

    • Interim Committee of the Board of Governors on the International Monetary System (Interim Committee), 41, 42, 43, 44, 45, 46, 50, 53, 96-101

    • Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries (Development Committee), 41, 42-43, 102-106

    • Resolutions, 45, 46

    Bolivia

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 53, 83*

    • SDRs, 72*, 77*

    Borrowing by Fund

    • General Arrangements to Borrow, 50, 56, 85*, 91

    • Oil facility, 50, 53-54, 55-56, 57, 92-93, 94-95, 97, 99

    Botswana

    • Exchange rate, 68*

    • SDRs, 72*, 77*

    Brazil

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 80*

    • SDRs, 48*, 72*, 76*, 77*

    Budget of Fund, 114-15

    Buffer Stock Financing by Fund, 42, 44, 45, 50, 52-53, 98, 101

    Burma

    • Exchange rate, 24, 46, 65, 68*

    • Purchases and repurchases from Fund, 78*, 80*, 83*

    • SDRs, 72*, 76*, 77*

    • Stand-by arrangement with Fund, 79*

    Burundi

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 78*, 80*, 83*

    • SDRs, 72*, 77*

    Cameroon

    • Exchange rate, 68*

    • Purchases from Fund, 78*

    • SDRs, 72*, 77*

    Canada

    • Balance of payments, 14, 15*

    • Exchange rate, 25, 26*, 29†, 30, 32†, 47, 68*

    • General Arrangements to Borrow, 85*

    • Interest rates, 8†

    • International reserves, 36*

    • Oil facility in Fund, 55

    • Output, 2†, 3, 4, 5†

    • Prices, 2†, 4*, 31, 32†

    • SDRs, 72*, 76*, 77*

    Capital Movements, 14, 27

    Central African Republic

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 78*, 83*

    • SDRs, 72*, 77*

    Chad

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 78*, 83*

    • SDRs, 72*, 76*, 77*, 78*

    Chile

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 51, 78*, 80*, 82*, 83*

    • SDRs, 48*, 72*, 76*, 77*, 78*

    • Stand-by arrangement with Fund, 51, 79*

    China, Republic of

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 51, 78*, 83*

    Colombia

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 80*, 83*

    • SDRs, 48*, 72*, 77*

    • Stand-by arrangement with Fund, 79*

    Committee of TwentySee Board of Governors

    Commodities, Primary, 7, 8-9, 11, 12, 45, 62

    Compensatory Financing by Fund, 42, 44, 45, 50, 51, 52, 78*, 80*, 98, 101

    Congo, People’s Republic of the

    • Exchange rate, 68*

    • Repurchases from Fund, 83*

    • SDRs, 72*, 77*

    Consultations with Fund Members, 58-59

    Costa Rica

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 78*, 83*

    • SDRs, 48*, 72*, 76*, 77*

    Cyprus

    • Exchange rate, 68*

    • Purchases from Fund, 78*

    • SDRs, 72*, 77*

    Dahomey

    • Exchange rate, 68*

    • SDRs, 72*, 77*

    Denmark

    • Exchange rate, 23(fn), 68*; see also Exchange Rates, Dollar/”snake” currencies relationship and European narrow margins arrangement

    • Purchases from Fund, 51, 78*, 84*

    • SDRs, 49*, 68*, 76*, 77*

    Development CommitteeSee Board of Governors

    Dominican Republic

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 78*, 80*

    • SDRs, 72*, 76*, 77*

    Ecuador

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 51, 80*, 82*, 83*

    • SDRs, 48*, 72*, 77*

    Egypt

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 78*, 80*, 83*

    • SDRs, 72*, 76*, 77*

    El Salvador

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 51, 78*, 80*, 83*

    • SDRs, 72*, 76*, 77*

    Equatorial Guinea

    • Exchange rate, 68*

    • SDRs, 72*, 77*

    Ethiopia

    • Exchange rate, 68*

    Euro-Currency Markets, 14, 18, 35, 36, 37, 38*, 39

    Exchange Rates

    • and capital movements, 27; international reserves, 14, 37-39

    • Dollar/”snake” currencies relationship, 26, 27-28

    • Effective rates, 19, 28-31, 32†

    • European narrow margins arrangement, 23, 24, 25, 27-28, 30, 46, 47, 50

    • Floating: analysis and assessment, 25-31, 33; guidelines, 25

    • Forward market, 26

    • Influence of monetary policy, 14, 19-20

    • Intervention, 19, 25, 26, 27, 39

    • List as of June 30, 1975, 68-70*

    • Practices, 23-24, 44, 46-47, 98, 101

    • Price relationship, 31-33

    • Short-term movements, 26-31

    • Spot quotations, 25†, 26

    • See also individual countries

    Executive Board Decisions

    • Extended Fund facility, 54, 88-90

    • General Arrangements to Borrow, 56, 91

    • Oil facility for 1974, 90-91, 93

    • Oil facility for 1975, 53, 56, 94-95

    • Payment of interest on oil facility transactions, 57, 92-93, 95

    • SDR reconstitution, 88

    Executive Directors

    • Board membership changes, 110-13

    • List and voting power, 107-109

    Extended Fund Facility, 40, 50, 54-55, 86*, 88-90

    Fiji

    • Exchange rate, 47, 66, 68*

    • Purchases from Fund, 78*

    • SDRs, 72*, 77*

    • Stand-by arrangement with Fund, 79*

    Financial Statements of Fund, 117-25

    Finland

    • Exchange rate, 68*

    • SDRs, 72*, 76*, 77*

    Foreign Exchange ReservesSee International Reserves

    France

    • Balance of payments, 14, 15*, 16, 34

    • Exchange rate, 23, 25†, 26*, 29†, 30, 32†, 46, 47, 68*

    • General Arrangements to Borrow, 85*

    • Interest rates, 8†

    • International reserves, 34, 36*

    • Official claims in francs, 38*

    • Output, 2†, 3, 4, 5†

    • Prices, 2†, 4*, 31, 32†

    • SDRs, 47, 48, 72*, 76*, 77*

    Gabon

    • Exchange rate, 68*

    • Repurchases from Fund, 83*

    • SDRs, 72*, 77*

    Gambia, The

    • Exchange rate, 68*

    • Repurchases from Fund, 83*

    • SDRs, 72*, 77*

    General Account Transactions

    • Charges: payments in gold and currencies, 46, 47, 49, 50, 53, 54, 55, 58, 85*, 86*, 90, 94, 98, 99, 101; schedule of, 50, 56-57

    • Interest payments, 57, 92, 95

    • Purchases by members, 49, 50-51, 52, 53, 54, 55, 71*, 76*, 78*, 80*, 84*, 89, 90, 94; summary, 81*

    • Remuneration paid to Fund members, 49, 71*, 76*, 85*; rates, 56, 57

    • Repurchases by members, 44-45, 46, 49, 50, 51-52, 54, 55, 71*, 80*, 83*, 84*, 85*, 90, 94; obligations incurred, 51-52, 66, 83*; summary, 81*

    • Use of currencies, 40, 44, 45, 46, 50, 55, 98, 100

    • See also Goldand Special Drawing Rights

    General Arrangements to BorrowSee Borrowing by Fund

    Germany, Federal Republic of

    • Balance of payments, 14, 15*, 16

    • Exchange rate, 23(fn), 25†, 26*, 27, 28, 29†, 30, 31, 32†, 68*; see also Exchange Rates, Dollar/ “snake” currencies relationship and European narrow margins arrangement

    • General Arrangements to Borrow, 85*

    • Interest rates, 8†, 28†

    • International reserves, 34, 36*

    • Official claims in deutsche mark, 38*, 39*

    • Oil facility in Fund, 56

    • Output, 2†, 3, 4, 5†

    • Prices, 2†, 4*, 31, 32†

    • Purchases from Fund, 51, 78*, 84*

    • SDRs, 49*, 72*, 77*

    Ghana

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 80*, 83*

    • SDRs, 72*, 76*, 77*

    Gold

    • Fund holdings, 44, 58, 85*, 99

    • International reserves, 33, 34*, 35, 36*, 37*

    • Official price, 44, 99, 100

    • Payments to Fund, 44, 46, 49, 50, 51, 52, 58, 82*, 85*, 98, 99, 101

    • Role in system, 40, 42, 44, 52, 98, 99, 100

    • Substitution account in Fund, 43, 100

    • Valuation in Report, 40

    Greece

    • Exchange rate, 66, 68*

    • Purchases from Fund, 78*

    • SDRs, 72*, 77*

    Grenada

    • Membership in Fund, 62

    Guatemala

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 80*

    • SDRs, 72*, 77*

    Guinea

    • Exchange rate, 68*

    • Purchases and repurchases from Fund, 78*, 80*, 83*

    • SDRs, 72*, 76*, 77*

    Guyana

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 80*, 83*

    • SDRs, 72*, 77*

    • Stand-by arrangement with Fund, 79*

    Haiti

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 78*, 80*,83*

    • SDRs, 73*, 76*, 77*

    • Stand-by arrangement with Fund, 79*

    Honduras

    • Exchange rate, 69*

    • Purchases from Fund, 78*

    • SDRs, 73*, 77*

    Iceland

    • Exchange rate, 47, 65, 66, 69*

    • Purchases and repurchases from Fund, 78*, 80*

    • SDRs, 73*, 76*, 77*

    Income and Expenses of Fund, 45, 57-58, 85*, 116

    India

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 51, 78*, 80*

    • SDRs, 73*, 77*

    Indonesia

    • Exchange rate, 69*

    • Repurchases from Fund, 82*, 83*

    • SDRs, 48*, 73*, 77*

    • Stand-by arrangement with Fund, 79*

    Industrial Countries

    • Balance of payments, 12, 13, 14, 15-16, 18

    • Economic policies, 1, 7, 8, 9-10, 17-18, 20

    • Economic situation and prospects, 1, 2, 8, 10, 16-18, 19

    • Exchange rate policy and practices, 19, 24, 25, 47

    • Industrial production, 3, 5†

    • Inflation rate, 4-5

    • Interest rates, 8†

    • International reserves, 33, 34, 35, 36*

    • Output, 2-3, 4, 8, 17

    • Prices, 2, 3, 4, 8, 9

    • Purchases from Fund, 53

    • SDRs, 35, 47

    • Trade, 8, 9, 10, 11, 12*

    • See also individual countries

    Inflation, Analysis of, 6-10

    Interim Committee

    • See Board of Governors

    International Organizations Fund relations with, 60-62

    International Reserves

    • Adequacy, 37-40; financing of payments imbalances, 38-40; flexible exchange rates, 14, 37-39

    • Composition, 35-37, 38*

    • Conditional liquidity, 40

    • Creation, 1, 14, 34

    • Distribution, 33-34, 36*

    • Euro-currency holdings, 35, 36, 37*, 38*, 39*

    • Foreign exchange, 33, 34, 35, 36-37, 38*, 39

    • Gold, 33, 34*, 35, 36*, 37*, 38*

    • Industrial countries, 33, 34, 35, 36*

    • Measurement concept, 33(fn)

    • Official holdings, 33, 34*

    • Primary producing countries, 12, 13, 14, 21, 22, 33, 34, 35, 36*, 37*

    • Ratio of reserves to imports, 40

    • Reserve positions in the Fund, 33, 34*, 35, 37*, 38*

    • Special drawing rights, 33, 34*, 35, 37*, 38*

    Iran

    • Exchange rate, 24, 47, 65-66, 69*

    • Oil facility in Fund, 55, 56

    • SDRs, 48*, 73*, 77*

    Iraq

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 80*

    • SDRs, 48*, 73*, 77*

    Ireland

    • Exchange rate, 23(fn), 69*

    • SDRs, 48*, 73*, 77*

    Israel

    • Exchange rate, 46, 65, 69*

    • Purchases from Fund, 78*

    • SDRs, 48, 73*, 77*

    • Stand-by arrangement with Fund, 79*

    Italy

    • Balance of payments, 14, 15*, 34

    • Exchange rate, 23(fn), 25†, 26*, 29†, 30, 32†, 46, 47, 69*

    • General Arrangements to Borrow, 85*

    • Interest rates, 8†

    • International reserves, 34, 36*

    • Output, 2†, 3, 4, 5†

    • Prices, 2†, 4*, 31, 32†

    • Purchases from Fund, 51, 53, 78*

    • SDRs, 48, 73*, 76*, 77*

    • Stand-by arrangement with Fund, 51, 79*

    Ivory Coast

    • Exchange rate, 69*

    • Purchases from Fund, 78*

    • SDRs, 73*, 77*

    Jamaica

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 80*, 82*, 83*

    • SDRs, 73*, 77*

    • Stand-by arrangement with Fund, 79*

    Japan

    • Balance of payments, 14, 15*, 34

    • Exchange rate, 25†, 26*, 29†, 30, 31, 32†, 47, 69*

    • General Arrangements to Borrow, 85*

    • Interest rates, 8†

    • International reserves, 34, 36*

    • Output, 2†, 3, 4, 5†

    • Prices, 2†, 4*, 31, 32†

    • SDRs, 48*, 73*, 77*

    Jordan

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 54, 80*, 83*

    • SDRs, 73*, 77*

    Kenya

    • Exchange rate, 69*

    • Purchases from Fund, 78*

    • SDRs, 48*, 73*, 76*, 77*, 78*

    Khmer Republic

    • Exchange rate, 69*

    • Purchases from Fund, 80*

    • SDRs, 73*, 76*, 77*

    Korea

    • Exchange rate, 65, 69*

    • Purchases and repurchases from Fund, 78*, 82*, 83*

    • SDRs, 48*, 73*, 76*, 77*

    • Stand-by arrangement with Fund, 79*

    Kuwait

    • Exchange rate, 47, 66, 69*

    • Oil facility in Fund, 55, 56

    Laos

    • Exchange rate, 69*

    • Repurchases from Fund, 83*

    • SDRs, 73*, 77*

    Lebanon

    • Exchange rate, 69*

    Lesotho

    • Exchange rate, 69*

    • Repurchases from Fund, 83*

    • SDRs, 73*, 76*, 77*

    Liberia

    • Exchange rate, 69*

    • Repurchases from Fund, 83*

    • SDRs, 73*, 77*

    Libyan Arab Republic

    • Exchange rate, 69*

    • Stand-by arrangement with Fund, 79*

    Luxembourg

    • Exchange rate, 23(fn), 69*; see also Exchange Rates, Dollar/”snake” currencies relationship and European narrow margins arrangement

    • SDRs, 73*, 77*

    Malagasy Republic

    • Exchange rate, 69*

    • Purchases from Fund, 78*

    • SDRs, 73*, 76*, 77*

    Malawi

    • Exchange rate, 47, 69*

    • Repurchases from Fund, 82*, 83*

    • SDRs, 73*, 77*

    Malaysia

    • Exchange rate, 69*

    • SDRs, 48*, 73*, 77*

    Mali

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 78*, 83*

    • SDRs, 73*, 76*, 77*

    Malta

    • Exchange rate, 69*

    • SDRs, 73*, 76*, 77*

    Mauritania

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 78*, 83*

    • SDRs, 73*, 77*

    Mauritius

    • Exchange rate, 69*

    • Purchases from Fund, 78*

    • SDRs, 48*, 73*, 76*, 77*

    Membership in Fund, 62

    Mexico

    • Exchange rate, 69*

    • SDRs, 48*, 73*, 76*, 77*

    Morocco

    • Exchange rate, 69*

    • SDRs, 73*, 77*

    Nepal

    • Exchange rate, 69*

    • SDRs, 73*, 77*

    Netherlands

    • Exchange rate, 23(fn), 69*, see also Exchange Rates, Dollar/”snake” currencies relationship and European narrow margins arrangement

    • General Arrangements to Borrow, 85*

    • Industrial production, 5†

    • International reserves, 36*

    • Oil facility in Fund, 55, 56

    • SDRs, 49*, 73*, 76*, 77*

    New Zealand

    • Exchange rate, 46, 65, 69*

    • Purchases and repurchases from Fund, 78*, 80*

    • SDRs, 48, 73*, 76*, 77*

    Nicaragua

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 51, 78*, 82*, 83*

    • SDRs, 48*, 73*, 77*

    Niger

    • Exchange rate, 69*

    • Repurchases from Fund, 83*

    • SDRs, 73*, 77*

    Nigeria

    • Exchange rate, 69*

    • Oil facility in Fund, 55, 56

    • SDRs, 48*, 73*, 77*

    Norway

    • Exchange rate, 23(fn), 69*; see also Exchange Rates, Dollar/”snake” currencies relationship and European narrow margins arrangement

    • Industrial production, 5†

    • Oil facility in Fund, 56

    • SDRs, 73*, 76*, 77*

    Oil Facility in Fund

    • Borrowing by Fund, 50, 53, 54, 55-56, 57, 92-93, 94-95, 97, 99

    • Establishment and use of, 53-54, 78*, 86*, 93, 94, 97, 99

    • Subsidy account, 42, 54, 99

    Oman

    • Exchange rate, 46, 65, 69*

    • Oil facility in Fund, 55

    • SDRs, 73*, 77*

    Pakistan

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 78*, 83*

    • SDRs, 73*, 77*

    • Stand-by arrangement with Fund, 51, 79*

    Panama

    • Exchange rate, 69*

    • Purchases from Fund, 78*

    • SDRs, 73*, 76*, 77*

    • Stand-by arrangement with Fund, 79*

    Papua New Guinea

    • Membership in Fund, 62

    Paraguay

    • Exchange rate, 69*

    • SDRs, 73*, 77*

    Peru

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 80*

    • SDRs, 73*, 77*

    Philippines

    • Exchange rate, 69*

    • Purchases and repurchases from Fund, 52, 78*, 80*, 82*, 83*

    • SDRs, 48*, 73*, 77*

    • Stand-by arrangement with Fund, 79*

    Portugal

    • Exchange rate, 69*

    Prices, 1, 17, 31-33

    Primary Producing Countries

    • Major oil exporters

      • Balance of payments, 12, 13, 15, 16, 19

      • Economic activity, 6

      • Exchange rates, 24

      • Inflation rate, 5

      • International reserves, 12, 13, 14, 33, 34, 35, 36*, 37*, 40

      • Output, 3*, 5, 6

      • Prices, 5

      • Quotas in Fund, 46

      • SDRs, 35, 47

      • Trade, 6, 10, 11*, 12, 15, 19

    • More developed areas

      • Balance of payments, 1, 12, 13, 16

      • Exchange rates, 24

      • Inflation rate, 4

      • International reserves, 33, 34, 35, 36*, 37*

      • Output, 3*, 4, 6

      • Prices, 4—5

      • Purchases from Fund, 53

      • SDRs, 35, 47

      • Trade, 6, 8, 10, 11*, 12*

    • Non-oil developing countries

      • Balance of payments, 1, 2, 12, 13, 15, 16, 19, 21, 22

      • Capital and aid flows, 2, 13, 19, 22

      • Economic prospects, 21

      • Exchange rates, 24

      • Exports, 6, 11*, 21

      • Impact of recession in industrial countries, 6, 21-22

      • Imports, 6, 9, 10, 11*, 21, 22,

      • Inflation rate, 5

      • International reserves, 12, 22, 33, 34, 35, 36*, 37*

      • Output, 3*, 5, 6, 21

      • Prices, 4, 5, 6, 21-22

      • Purchases from Fund, 53

      • Quotas in Fund, 46

      • SDRs, 35, 47

      • Terms of trade, 2, 6, 12

    • See also individual countries

    Publications of Fund, 87*

    Qatar

    • Exchange rate, 24, 47, 66, 69*

    Quotas of Fund Members, 40, 42, 44, 45-46, 62, 85*, 97-98, 101

    Recession, 6, 8-9, 10, 16, 21-22

    Romania

    • Exchange rate, 65, 69*

    • SDRs, 73*, 77*

    Rwanda

    • Exchange rate, 69*

    • SDRs, 73*, 76*, 77*

    Saudi Arabia

    • Exchange rate, 24, 47, 66, 69*

    • Oil facility in Fund, 55, 56

    Senegal

    • Exchange rate, 70*

    • Purchases and repurchases from Fund, 78*, 83*

    • SDRs, 73*, 77*

    Sierra Leone

    • Exchange rate, 70*

    • Purchases and repurchases from Fund, 78*, 82*, 83*

    • SDRs, 73*, 77*

    Singapore

    • Exchange rate, 70*

    Somalia

    • Exchange rate, 70*

    • Repurchases from Fund, 82*, 83*

    • SDRs, 73*, 77*

    South Africa

    • Exchange rate, 23(fn), 65, 70*

    • SDRs, 73*, 76*, 77*

    Spain

    • Exchange rate, 46, 70*

    • Prices, 4*

    • Purchases from Fund, 78*

    • SDRs, 48*, 73*, 76*, 77*

    Special Drawing Account

    • Participants, 62, 72-74*, 77*

    • See also Special Drawing Rights

    Special Drawing Rights

    • BIS as holder, 50

    • Currencies pegged to, 24

    • Currencies transferred for, 75*

    • Development finance link, 43, 44, 98

    • Holdings by General Account, 47, 66, 71*, 74*

    • Holdings by participants, 72-74*

    • Interest, charges, and assessments, 71*, 72-74*, 85*

    • Interest rate, 47, 56, 57

    • International reserves, 33, 34*, 35, 37*

    • Purchases by members, 71*, 76*, 78*, 84*

    • Reconstitution of participants’ holdings, 47, 49, 71*, 76*, 77*, 88

    • Remuneration paid to Fund members, use in, 56, 71*, 76*

    • Replenishment of participants’ currencies, use in, 71*

    • Repurchases by members, use in, 71*, 82*, 84*

    • Restoration of participants’ holdings, 71*

    • Role in system, 44, 98, 99

    • Transactions and operations, summary of, 72-74*

    • Transactions by agreement, 47, 49*

    • Transactions with designation, 35, 47, 48, 49, 71*, 72-74*, 75*

    • Transfers by General Account, 47, 48*, 49, 71*, 72-74*, 76*

    • Transfers by participants, 71*, 72-74*

    • Transfers, total, 71*

    • Use, total, 47

    Special Trust Fund, 43, 103, 105

    Sri Lanka

    • Exchange rate, 70*

    • Purchases and repurchases from Fund, 78*, 80*, 83*

    • SDRs, 48*, 74*, 76*, 77*

    • Stand-by arrangement with Fund, 79*

    Staff of Fund, 62

    Stand-By Arrangements for Fund Members, 50, 51, 78*, 79*; summary, 81*

    Sudan

    • Exchange rate, 70*

    • Purchases and repurchases from Fund, 51, 52, 78*, 80*, 83*

    • SDRs, 74*, 76*, 77*, 78*

    • Stand-by arrangement with Fund, 79*

    Swaziland

    • Exchange rate, 70*

    • Repurchases from Fund, 83*

    • SDRs, 74*, 76*, 77*

    Sweden

    • Exchange rate, 23(fn), 70*; see also Exchange Rates, Dollar/”snake” currencies relationship and European narrow margins arrangement

    • General Arrangements to Borrow, 85*

    • Industrial production, 5†

    • SDRs, 74*, 77*

    Switzerland

    • Exchange rate, 24, 30

    • International reserves, 36*

    • Oil facility in Fund, 56

    Syrian Arab Republic

    • Exchange rate, 70*

    • Purchases and repurchases from Fund, 80*, 82*, 83*

    • SDRs, 48*, 74*, 76*, 77*

    Tanzania

    • Exchange rate, 70*

    • Purchases from Fund, 78*

    • SDRs, 48*, 74*, 76*, 77*

    Technical Assistance and Training by Fund, 59-60, 62

    Thailand

    • Exchange rate, 70*

    • SDRs, 48*, 74*, 77*

    Togo

    • Exchange rate, 70*

    • SDRs, 74*, 77*

    Trinidad and Tobago

    • Exchange rate, 70*

    • Oil facility in Fund, 56

    • Repurchases from Fund, 50, 83*

    • SDRs, 74*, 76*, 77*

    Tunisia

    • Exchange rate, 70*

    • SDRs, 48*, 74*, 77*

    Turkey

    • Exchange rate, 70*

    • Purchases from Fund, 78*

    • SDRs, 48*, 74*, 77*

    Uganda

    • Exchange rate, 70*

    • Purchases and repurchases from Fund, 78*, 83*

    • SDRs, 74*, 76*, 77*

    United Arab Emirates

    • Exchange rate, 70*

    Unit of Value, 65

    United Kingdom

    • Balance of payments, 14, 15*

    • Exchange rate, 23(fn), 25†, 26*, 29†, 30, 32†, 47, 70*

    • General Arrangements to Borrow, 85*

    • Interest rates, 8†

    • International reserves, 36*

    • Official claims in pounds sterling, 35, 37, 38*, 39*

    • Output, 2†, 3, 4, 5†

    • Prices, 2†, 4, 31, 32†

    • SDRs, 47, 48, 74*, 77*

    United States

    • Balance of payments, 14, 15*

    • Exchange rate, 13, 25†, 26, 27-28, 29†, 30, 31, 32†, 47, 70*

    • General Arrangements to Borrow, 85*

    • Interest rates, 8†, 28†

    • International reserves, 34, 35, 36*, 37*

    • Official claims in dollars, 35, 36-37, 38*, 39*

    • Output, 2†, 3, 4, 5†

    • Prices, 2†, 4*, 31, 32†

    • SDRs, 35, 47, 48, 74*, 77*

    Upper Volta

    • Exchange rate, 70*

    • SDRs, 74*, 77*

    Uruguay

    • Exchange rate, 70*

    • Purchases and repurchases from Fund, 78*, 80*, 82*, 83*

    • SDRs, 74*, 76*, 77*, 78*

    Venezuela

    • Exchange rate, 70*

    • Oil facility in Fund, 55, 56

    • SDRs, 48*, 74*, 77*

    Viet-Nam

    • Exchange rate, 70*

    • SDRs, 74*, 77*

    Voting Majorities in Fund, 45, 101

    Western Samoa

    • Exchange rate, 70*

    • SDRs, 74*, 77*

    World Output, 3*

    World Trade

    • Declaration on trade measures by Fund members, 2, 58

    • Value and volume, 9, 10-12, 40

    Yemen Arab Republic

    • Exchange rate, 70*

    • SDRs, 74*, 77*

    Yemen, People’s Democratic Republic of

    • Exchange rate, 70*

    • Purchases from Fund, 78*

    • SDRs, 48*, 74*, 76*, 77*

    Yugoslavia

    • Exchange rate, 46, 65, 70*

    • Purchases and repurchases from Fund, 78*, 82*, 83*

    • SDRs, 48*, 74*, 77*

    Zaïre

    • Exchange rate, 70*

    • Purchases from Fund, 78*, 80*

    • SDRs, 74, 77*

    Zambia

    • Exchange rate, 70*

    • Purchases and repurchases from Fund, 51, 52, 80*, 82*, 83*

    • SDRs, 74*, 77*

    • Stand-by arrangement with Fund, 79*

    See Annual Report, 1972, pages 84-85.

    See Annual Report, 1973, page 98.

    See Annual Report, 1974, pages 122-23.

    Selected Decisions of the International Monetary Fund and Selected Documents (Seventh Issue, Washington, 1975), pages 91-102.

    See also Decision No. 4636-(75/47), page 95.

    See page 90.

    See Annual Report, 1974, pages 122-23.

    Calculations of access by members to the oil facility for 1975.

    See Annual Report, 1974, pages 122-23.

    Ibid., pages 124-26.

    See page 92.

    At its second session on October 3, 1974, the Committee selected Mr. Henry J. Costanzo as Executive Secretary.

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