- International Monetary Fund
- Published Date:
- August 1985
© 1985 International Monetary Fund
Edited by Maxine Stough
International Standard Serial Number: ISSN 0251–6365
International Standard Book Number: ISBN 0-939934-50-7
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Address orders to:
External Relations Department, Attention Publications
International Monetary Fund, Washington, D.C. 20431
The following symbols have been used throughout this paper:
… to indicate that data are not available;
— to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;
– between years or months (e.g., 1979–81 or January-June) to indicate the years or months covered, including the beginning and ending years or months;
/ between years (e.g., 1980/81) to indicate a crop or fiscal (financial) year.
“Billion” means a thousand million.
Minor discrepancies between constituent figures and totals are due to rounding.
This study was prepared in the Consultation Practices Division of the Exchange and Trade Relations Department under the direction of G. G. Johnson, Division Chief. The authors are grateful to the many other staff members, both in the Exchange and Trade Relations Department and elsewhere in the Fund, who provided background information on the formulation of exchange rate policies in individual adjustment programs.
The paper has benefited from comments by other Fund staff members and by members of the Executive Board. However, opinions expressed are those of the authors and do not necessarily represent the views of other staff members or of Executive Directors.