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Currency Convertibility and the Fund

Currency Convertibility and the Fund »

Source: Currency Convertibility and the Fund : Review and Prognosis

Volume/Issue: 1996/39

Series: IMF Working Papers

Author(s): Vicente Galbis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 1996

ISBN: 9781451845785

Keywords: exchange rate, capital controls, capital account convertibility, exchange restrictions, capital movements

This paper reviews experience with currency convertibility on both the current and capital accounts, with particular attention to the Fund’s concepts and policy implications. After discussing the basic conce...