Article IV Obligations Regarding Exchange Arrangements

International Monetary Fund

Author: International Monetary Fund

Language:: English

Keywords:: AA; Fund; agreement; special drawing rights; financial conditions; policies of member; article iv obligation; Currencies

Abstract

Recognizing that the essential purpose of the international monetary system is to provide a framework that facilitates the exchange of goods, services, and capital among countries, and that sustains sound economic growth, and that a principal objective is the continuing development of the orderly underlying conditions that are necessary for financial and economic stability, each member undertakes to collaborate with the Fund and other members to assure orderly exchange arrangements and to promote a stable system of exchange rates. In particular, each member shall:

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Articles of Agreement

Author: International Monetary Fund

ISBN:: 9781616351045

Publication Date:: 15 Sep 2011

Publisher:: International Monetary Fund

DOI:: https://doi.org/10.5089/9781616351045.013

Pages:: 136

Abstract
Section 1. General obligations of members
Section 2. General exchange arrangements
Section 3. Surveillance over exchange arrangements
Section 4. Par values
Section 5. Separate currencies within a member’s territories

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