II exchange policy and par values
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
01 Sep 1949
Keywords:
AR; AREA; The Fund; Fund member; fund; dollar; exchange rate; uniform rate; fund's statement; rate system; exchange policy; U.S. dollar earnings; Multiple currency practices; Exchange rates; Exchange rate adjustments

Abstract

The establishment of the Fund was an indication of the general acceptance of the principle that the exchange policy of one country affects the well-being of all others. In the difficult times of the past three years, the Fund has served as a center for continuous consideration of exchange policy. The cooperation of members through the Fund is the most effective means of obtaining and maintaining a pattern of exchange rates suitable to the world economy.

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Cover International Monetary Fund Annual Report 1949
International Monetary Fund Annual Report 1949
ISBN:
9781616351618
ISSN:
2227-8915
Publication Date:
01 Sep 1949
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781616351618.011
Pages:
128