Annual Report on Exchange Arrangements and Exchange Restrictions, 2000
Back Matter

Back Matter

Author(s):
International Monetary Fund. Monetary and Capital Markets Department
Published Date:
September 2000
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    Appendices
    Appendix I: Summary Features of Exchange Arrangements and Regulatory Frameworks for Current and Capital Transactions in Member Countries1

    (as of date shown on first country page)2

    Total number of countries with this featureAfghanistan, Islamic State ofAlbaniaAlgeriaAngolaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamas, TheBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCentral African RepublicChadChileChina, People’s Rep. ofHong Kong SARColombiaComorosCongo, Dem. Rep. of theCongo, Republic ofCosta RicaCôte d’IvoireCroatiaCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopia
    Status under IMF Articles of Agreement
    Article VIII152
    Article XIV33
    Exchange rate arrangements
    Exchange arrangement with no separate legal tender38
    Currency board arrangement8
    Conventional pegged arrangement45
    Pegged exchange rate within horizontal bands6
    Crawling peg5
    Crawling band6
    Managed floating with no pre-announced path for the exchange rate27
    Independently floating50
    Exchange rate structure
    Dual exchange rates13
    Multiple exchange rates5
    Arrangements for payments and receipts
    Bilateral payments arrangements61
    Multiple exchange rates60
    Controls on payments for invisible transactions and current transfers100
    Proceeds from exports and/or invisible transactions
    Repatriation requirements105
    Surrender requirements75
    Capital transactions
    Controls on:
    Capital market securities125
    Money market instruments110
    Collective investment securities103
    Derivatives and other instruments83
    Commercial credits108
    Financial credits113
    Guarantees, sureties, and financial backup facilities93
    Direct investment147
    Liquidation of direct investment54
    Real estate transactions136
    Personal capital movements90
    Provisions specific to:
    Commercial banks and other credit institutions158
    Institutional investors83
    Keys and Footnotes• Indicates that the specified practice is a feature of the exchange system.— Indicates that data were not available at time of publication.■ Indicates that the specific practice is not regulated.◆ Indicates that member uses the currency of another member as legal tender.◊ Indicates that member participates in the ECCU.▲ Indicates that the arrangement is pegged to the French franc.⊕ Indicates that member participates in the euro area.✚ Indicates that flexibility is limited to a single currency.▼ Indicates that the composite is a basket of other currencies.✜ Indicates that the country participates in the ERM II of the EMS.✱ Indicates other band arrangements.

    The listing includes Hong Kong SAR, Aruba, and the Netherlands Antilles.

    Usually December 31, 1999.

    FijiFinlandFranceGabonGambia, TheGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHungaryIcelandIndiaIndonesiaIran, Islamic Rep. ofIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKorea, Republic ofKuwaitKyrgyz RepublicLao People’s Dem. Rep.LatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLithuaniaLuxembourgMacedonia, fmr. Yugoslav Rep.MadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMicronesia, Fed. States ofMoldovaMongoliaMoroccoMozambiqueMyanmarNamibia
    Status under IMF Articles of Agreement
    Article VIII
    Article XIV
    Exchange rate arrangements
    Exchange arrangement with no separate legal tender
    Currency board arrangement
    Conventional pegged arrangement
    Pegged exchange rate within horizontal bands
    Crawling peg
    Crawling band
    Managed floating with no pre-announced path for the exchange rate
    Independently floating
    Exchange rate structure
    Dual exchange rates
    Multiple exchange rates
    Arrangements for payments and receipts
    Bilateral payments arrangements
    Multiple exchange rates
    Controls on payments for invisible transactions and current transfers
    Proceeds from exports and/or invisible transactions
    Repatriation requirements
    Surrender requirements
    Capital transactions
    Controls on:
    Capital market securities
    Money market instruments
    Collective investment securities
    Derivatives and other instruments
    Commercial credits
    Financial credits
    Guarantees, sureties, and financial backup facilities
    Direct investment
    Liquidation of direct investment
    Real estate transactions
    Personal capital movements
    Provisions specific to:
    Commercial banks and other credit institutions
    Institutional investors
    Keys and Footnotes• Indicates that the specified practice is a feature of the exchange system.— Indicates that data were not available at time of publication.■ Indicates that the specific practice is not regulated.◆ Indicates that member uses the currency of another member as legal tender.◊ Indicates that member participates in the ECCU.▲ Indicates that the arrangement is pegged to the French franc.⊕ Indicates that member participates in the euro area.✚ Indicates that flexibility is limited to a single currency.▼ Indicates that the composite is a basket of other currencies.✜ Indicates that the country participates in the ERM II of the EMS.✱ Indicates other band arrangements.

    The listing includes Hong Kong SAR, Aruba, and the Netherlands Antilles.

    Usually December 31, 1999.

    NepalNetherlandsNetherlands AntillisNew ZealandNicaraguaNigerNigeriaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRomaniaRussian FederationRwandaSt. Kitts and NevisSt. LuciaSt. Vincent and the GrenadinesSamoaSan MarinoSāo Tomé PríncipeSaudi ArabiaSenegalSeychellesSierra LeoneSingaporeSlovak RepublicSloveniaSolomon IslandsSomaliaSouth AfricaSpainSri LankaSudanSurinameSwazilandSwedenSwitzerlandSyrian Arab RepublicTajikistanTanzaniaThailandTogoTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanUgandaUkiaineUnited Arab EmiratesUnited KingdomUnited States
    Status under IMF Articles of Agreement
    Article VIII
    Article XIV
    Exchange rate arrangements
    Exchange arrangement with no separate legal tender
    Currency board arrangement
    Conventional pegged arrangement
    Pegged exchange rate within horizontal bands
    Crawling peg
    Crawling band
    Managed floating with no pre-announced path for the exchange rate
    Independently floating
    Exchange rate structure
    Dual exchange rates
    Multiple exchange rates
    Arrangements for payments and receipts
    Bilateral payments arrangements
    Multiple exchange rates
    Controls on payments for invisible transactions and current transfers
    Proceeds from exports and/or invisible transactions
    Repatriation requirements
    Surrender requirements
    Capital transactions
    Controls on:
    Capital market securities
    Money market instruments
    Collective investment securities
    Derivatives and other instruments
    Commercial credits
    Financial credits
    Guarantees, sureties, and financial backup facilities