Article V, Section 6 Sales of SDRs by the Fund
Author: International Monetary Fund
Language:
English
Keywords:
SELD; decisions of the executive board; allocations of special drawing rights; capital transfer; decision No. 1238; selected document; amount of SDR; SDRS from the General Resources Account; member's SDR holding; equivalent amount; Currencies

Abstract

1. Pursuant to Article V, Section 6(b) and (c), the Fund shall provide a member at its request with SDRs from the General Resources Account in exchange for an equivalent amount of the currencies of other members to enable the member to pay SDRs in order to increase its quota under Board of Governors Resolution No. 34-2 on the Seventh General Review of Quotas or in accordance with the provisions of that Resolution.

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Cover Selected Decisions and Selected Documents of the International Monetary Fund
Selected Decisions and Selected Documents of the International Monetary Fund
Author: International Monetary Fund
ISBN:
9781451971149
ISSN:
1087-4275
Publication Date:
16 Sep 1998
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781451971149.014
Pages:
852