Part II REVIEW OF THE YEAR
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
01 Sep 1965
Keywords:
AR; AREA; sc; EEC country; commercial bank; gold exchange; operating income; current account; Gold; Gold reserves; Exports; Imports; Currencies; Africa; Western Europe; Europe

Abstract

IN international financial relations, 1964 was marked by somewhat greater strains than had been experienced for some time. This was in contrast to the immediately preceding years, during which the structure of international payments had appeared on the whole to be improving. The strong pressures on the lira in March, and on sterling in November 1964—both of which were allayed by drawings on the Fund and by support from central banks and other financial institutions—were dramatic symptoms of these strains. Another was the activation of the General Arrangements to Borrow.

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Cover International Monetary Fund Annual Report 1965
International Monetary Fund Annual Report 1965
ISBN:
9781616351779
ISSN:
2227-8915
Publication Date:
01 Sep 1965
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781616351779.011
Pages:
174