Chapter 7 World Reserves
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
03 Sep 1962
Keywords:
AR; AREA; sc; membership of the executive board; votes of Cyprus; van Lennep; Habibullah mali Achekzai; bonham Carter; U.K. quota; Currencies; Exports; Gold; Imports; Exchange rates; Africa; Western Europe; Europe; North America; Middle East

Abstract

In 1961, the increase in the gold and foreign exchange holdings of national monetary authorities (excluding the U.S.S.R. and countries associated with it) was a little more than $1.7 billion, or almost 3 per cent. This compares with an increase of $2.7 billion (about 4¾ per cent) in 1960. In contrast to 1960, when the rise took the form almost entirely of foreign exchange assets, the increment in 1961 was about equally divided between gold and foreign exchange. The size, distribution, and composition of official reserves is shown in Table 23.

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Cover International Monetary Fund Annual Report 1962
International Monetary Fund Annual Report 1962
ISBN:
9781616351748
ISSN:
2227-8915
Publication Date:
03 Sep 1962
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781616351748.011
Pages:
276