Browse

You are looking at 31 - 40 of 71 items for :

  • Annual Report on Exchange Arrangements and Exchange Restrictions x
Clear All
International Monetary Fund. External Relations Dept.

Abstract

Annual Report on Exchange Arrangements and Exchange Restrictions 1977

International Monetary Fund. External Relations Dept.

Abstract

Annual Report on Exchange Arrangements and Exchange Restrictions 1978

International Monetary Fund. External Relations Dept.

Abstract

This paper highlights some particularly sharp movements in the effective exchange rates of a number of the currencies of major industrial countries during 1978 and early 1979. These changes followed sizable, but less pronounced movements in the effective exchange rates of some of these currencies in 1977. A number of major policy actions affecting exchange rates were announced by the United States during the period under review. In January 1978, the United States reaffirmed that it would intervene to the extent necessary to counter disorderly conditions in the exchange markets and that for this purpose it would utilize the Exchange Stabilization Fund of the US Treasury and the US$20 billion swap network of the US Federal Reserve System. During the period under review, a number of other member countries adopted new exchange arrangements or modified their existing exchange arrangements. These changes reflected a continuation of the trend observed in recent years for members to adapt existing exchange arrangements to their own institutional circumstances and individual policy needs.

International Monetary Fund. External Relations Dept.

Abstract

Annual Report on Exchange Arrangements and Exchange Restrictions 1980

International Monetary Fund. External Relations Dept.

Abstract

This paper describes declining activity that was responsible for a weakening of import demand in the industrial countries. There was also a marked reduction in the growth of the volume of imports by the non-oil developing countries, notwithstanding a substantial increase in external borrowing at higher costs and a considerable reduction in the real value of their international reserves arising mainly from rapid inflation. The current account positions of a number of industrial and non-oil developing countries thus became increasingly difficult in 1980. In an overall setting of excess capacity and rising unemployment, demands for protectionist measures in industrial countries intensified during the period under review.

International Monetary Fund. External Relations Dept.

Abstract

Annual Report on Exchange Arrangements and Exchange Restrictions 1982

International Monetary Fund. External Relations Dept.

Abstract

This paper highlights information available to the IMF from a number of sources, including that provided in the course of consultation visits to member countries, and it has been prepared in close collaboration with national authorities. Measures intensifying members’ trade restrictions are subject to similar reporting provisions when a member has been granted an arrangement for the use of the IMF’s resources. The report centers on exchange arrangements and exchange restrictions, but it is also more comprehensive in that it presents other external economic policy measures and intergovernmental arrangements that may have balance of payments implications. As in previous reports, questions of definition and jurisdiction have not been raised; the description in the report of a restrictive practice by a member does not imply that it is or is not being maintained consistently with the IMF’s Articles, or that, if subject to Article VIII, it has or has not been approved by the IMF.

International Monetary Fund. External Relations Dept.

Abstract

Annual Report on Exchange Arrangements and Exchange Restrictions 1984

International Monetary Fund. Monetary and Capital Markets Department

Abstract

This paper discusses developments in the international exchange rate and restrictive systems. Global output and trade recovered strongly in 1984, as inflation in the industrial countries remained relatively subdued and further progress in developing countries was made in tackling the problem of overindebtedness. Restrictive exchange practices in the form of multiple exchange rates have been substantially reduced in 1984. Multilateral restructurings of obligations have been large in 1983, amounting to some SDR 60 billion, as compared with SDR 6 billion in 1982.

International Monetary Fund. Monetary and Capital Markets Department

Abstract

This report describes developments in the international exchange rate and restrictive systems. The period covered by this report is 1985 and, for major developments, the first quarter of 1986. The report highlights that a salient feature of exchange rate developments in 1985 was the weakening of the U.S. dollar, following four consecutive years of appreciation. As a result, the currencies of most of the other major industrial countries appreciated against the U.S. dollar and in nominal effective terms.