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Appendix E. Decision on Method of Determining and Collecting Exchange Rates for the Purposes of Rule O-3

Appendix E. Decision on Method of Determining and Collecting Exchange Rates for the Purposes of Rule O-3 »

Source: Floating Currencies, Gold, and SDR's : Some Recent Legal Developments

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 January 1976

ISBN: 9781451938326

Keywords: court, exchange rates, courts, exchange transactions, exchange rate

1 The determination under Rule O-3(b) of the equivalents in United States dollars of the amounts of currencies listed in Rule O-3(a) shall be based on the following spot exchange...

Appendix E. Gold Clause Joint Resolution

Appendix E. Gold Clause Joint Resolution »

Source: Floating Currencies, SDR's & Gold Further Legal Developments

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 1977

ISBN: 9781451958195

Keywords: of the, exchange arrangements, iv, exchange rates, exchange rate

[Public Resolution—No. 10—73d Congress] [H.J. Res. 192] Joint Resolution To assure uniform value to the coins and currencies of the United States. Where...

Appendix E. Trust Fund

Appendix E. Trust Fund »

Source: SDRs, Currencies, & Gold : 4th Survey of New Legal Developments

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 January 1980

ISBN: 9781451981742

Keywords: exchange rate, exchange rates, monetary system, monetary fund, central bank

a. Diversification of Investments 1. The Fund, recognizing that the SDR is the unit of account in which the assets of the Trust established by Decision No. 5069-(76/72), adopted May...

Appreciation

Appreciation »

Source: Maintenance of the Gold Value of the Fund's Assets

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 January 1971

ISBN: 9781451960303

Keywords: foreign exchange, exchange transactions, voting, exchange rates, monetary reserves

One of the most puzzling features of Article IV, Section 8, is the contrast between subsections (b) and (c). Under subsection (b), express provision is made for an adjustment in the Fund’s holdings of a curr...

“Assets”

“Assets” »

Source: Maintenance of the Gold Value of the Fund's Assets

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 January 1971

ISBN: 9781451960303

Keywords: foreign exchange, exchange transactions, voting, exchange rates, monetary reserves

The Fund has concluded that it has implied powers to sell a portion of its gold in order to invest the proceeds, on certain conditions, in order to earn income for certain limited purposes. 27...

Borrowing

Borrowing »

Source: Maintenance of the Gold Value of the Fund's Assets

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 January 1971

ISBN: 9781451960303

Keywords: foreign exchange, exchange transactions, voting, exchange rates, monetary reserves

Under Article VII, Section 2, 32 the Fund can borrow the currencies of members in order to replenish its holdings of them. The Fund has entered into General Arrangements to Borrow...

Change of Par Value

Change of Par Value »

Source: Maintenance of the Gold Value of the Fund's Assets

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 January 1971

ISBN: 9781451960303

Keywords: foreign exchange, exchange transactions, voting, exchange rates, monetary reserves

The Articles of Agreement provide in some detail in Article IV for changes in the par values of the currencies of members. In the event of any change in par value, Article IV, Section 8, comes into play. The...

Conclusions

Conclusions »

Source: Floating Currencies, SDR's & Gold Further Legal Developments

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 1977

ISBN: 9781451958195

Keywords: of the, exchange arrangements, iv, exchange rates, exchange rate

Floating Currencies The breakdown of the par value system of the original Articles of the Fund and the failure of the Fund’s efforts to substitute a comparable system based on centra...

Currencies

Currencies »

Source: SDRs, Currencies, and Gold : Sixth Survey of New Legal Developments

Series: Pamphlet Series

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1983

ISBN: 9781451974447

Keywords: SDRs, Floating exchange rates, gold, exchange rates, court, multiple currency practices, exchange rate

Surveillance Over Exchange Rate Policies Review of Surveillance Under the Articles, the Fund must oversee the int...

Currencies

Currencies »

Source: SDRs, Currencies, & Gold : 4th Survey of New Legal Developments

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 January 1980

ISBN: 9781451981742

Keywords: exchange rate, exchange rates, monetary system, monetary fund, central bank

Surveillance over Exchange Rate Policies Article IV, Section 3(a) of the Second Amendment provides that “The Fund shall oversee the international monetary system in order to ensure i...