Front Matter

Front Matter

Author(s):
International Monetary Fund. External Relations Dept.
Published Date:
September 1979
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    ANNUAL REPORT ON EXCHANGE ARRANGEMENTS AND EXCHANGE RESTRICTIONS 1979

    INTERNATIONAL MONETARY FUND

    ANNUAL REPORT ON EXCHANGE ARRANGEMENTS AND EXCHANGE RESTRICTIONS 1979

    Washington, D.C.

    168735

    Letter of Transmittal To Members and Governors of the Fund

    June 21, 1979

    Dear Sir:

    I have the honor to transmit to you a copy of the International Monetary Fund’s Annual Report on Exchange Arrangements and Exchange Restrictions, 1979, which has been prepared in accordance with the provisions of Article XIV, Section 3 of the Articles of Agreement. The Report continues, under a modified title, the series of Annual Reports on Exchange Restrictions published by the Fund since 1950. The change in its title was decided upon by the Executive Board in the light of the provisions on exchange arrangements in Article IV, Section 2(a) under the Second Amendment of the Articles of Agreement, which came into effect on April 1, 1978.

    On behalf of the Executive Board, I should like to express our appreciation of the cooperation of member countries in the preparation of the second part of the Report.

    Sincerely yours,

    /s/

    J. de Larosière

    Chairman of the Executive Board and Managing Director

    Contents

    The Fund has not received from the authorities of Democratic Kampuchea the information required for a description of the exchange and trade system as of December 31, 1978.

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