part iii: Fund Pronouncements
Author:
International Monetary Fund
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Language:
English
Keywords:
BOOK; Fund; transaction; country; exchange stability; United Nations copy; International Monetary Fund activity; Fund's holding; exchange transaction; Currencies; Gold; Gold reserves; Reserve assets; Europe; South America; Africa; Global; Western Hemisphere
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Abstract

The date set for the commencement of Fund operations was March 1, 1947. Discussion in the Board of a number of relevant questions led to the issue, on June 7, 1947, of the following circular letter from the Managing Director to all members, enclosing a memorandum, also reproduced below, explaining the Board’s policy in connection with the use of the Fund’s resources.

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Cover IMF History Volume 3 (1945-1965)
IMF History Volume 3 (1945-1965)
Twenty Years of International Monetary Cooperation Volume III: Documents
Author:
International Monetary Fund
ISBN:
9781451972511
Publication Date:
29 Feb 1996
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781451972511.071
Pages:
557
Chart 1.

Annual Dollar Supply 1

(In billions of U.S. dollars)