II Exchange Policy And Par Values
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
01 Sep 1950
Keywords:
AR; AREA; van der; votes of Thailand; graham F.; currency holding; sterling rate; Chi-Yu Kwan; Currencies; Exports; Gold; Imports; Gold prices; Europe; Western Hemisphere; Africa; Western Europe; Middle East; sterling area; free market; fund mission; September devaluation; U.K. dollar deficit; Exchange rate arrangements; Exchange rates; Caribbean

Abstract

ON September 18, 19, 20 and 21, 1949, the Fund considered and concurred in proposals for changes in the par values of the currencies of thirteen member countries and of some of their dependent territories; it also approved exchange rate adjustments by several other member countries which had no agreed par value. A statement of these changes will be found in Appendix I. The general situation that has been sketched in Chapter I necessarily affected the position of each of these countries in somewhat different ways.

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Cover International Monetary Fund Annual Report 1950
International Monetary Fund Annual Report 1950
ISBN:
9781616351625
ISSN:
2227-8915
Publication Date:
01 Sep 1950
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781616351625.011
Pages:
160