Articel XV, Section 2. Valuation of the Special Drawing Right
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
30 Apr 1986
Keywords:
SELD; holding; allocations of special drawing rights; capital transfer; decision No. 1238; Japanese yen; SDR equivalent; Currencies; Multiple currency practices; Credit; Loans; Extra-budgetary funds; Global; Caribbean; West Africa; shares of the currency; middle rate; value of the SDR; New York exchange market; amounts of currency; Exchange rates

Abstract

1. Effective January 1, 1981, The value of one special drawing right shall be the sum of the values of specified amounts of the currencies listed in 2 below, the amounts of these currencies to be determined on December 31, 1980 in a manner that will ensure that, at the average exchange rates for the three-month period ending on that date, the shares of the currencies in the value of the special drawing right correspond to the weights specified for each currency in 2 below.

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Cover Selected Decisions (12th Ed)
Selected Decisions (12th Ed)
ISBN:
9781484329009
ISSN:
1087-4275
Publication Date:
30 Apr 1986
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781484329009.014
Pages:
530
Front Matter
Selected Decisions of the Executive Board
Article III. Quotas and Subscriptions
Article IV. Exchange Arrangements
Article V. Section 3(a), (b), and (c). Use of Fund’s Resources
Article V, Section 3(d) and (f). Use of Fund’s Resources
Article V, Section 5. Ineligibility to Use the Fund’s General Resources
Article V, Section. 6 Sales of SDRs by the Fund
Article V, Section 7. Repurchases
Article V, Section 8
Article V, Section 11. Rates for Computations and Maintenance of Value
Article V, Section 12(f). Special Disbursement Account1
Article VI, Section 1. Use of Fund’s Resources for Capital Transfers
Article VI, Section 3. Controls on Capital Transfers
Article VII. Borrowing
Article VIII. Section 2(b). Unenforceability of Exchange Contracts
Article VIII and Article XIV. Payments Restrictions
Article IX, Section 7. Privilege for Communications
Article XII, Section 3. Executive Directors
Article XII, Section 7. Publication of Reports
Article XIV. Restrictions on Payments and Transfers: Withdrawal
Articel XVII, Section 3. Special Drawing Rights: Other Holders
Articel XVIII, Section 2. Allocation of Special Drawing Rights
Articel XIX, Section 2. Special Drawing Rights: Additional Uses
Articel XIX, Section 5. Designation of Participants to Provide Currency
Articel XIX, Section 6. Reconstitution
Articel XIX, Section 7(a). Exchange Rates
Articel XX, Section 2. Charges
Articel XXVI. Interpretation
Articel XXX(c). Exclusion of Purchases and Holdings
Articel XXX (f). Freely Usable Currencies
General. Trust Fund
Selected Resolutions of the Board of Governors
Selected Documents
Back Matter