Chapter

Appendix VII. Summary of Fund Transactions from the beginning of operations to April 30, 19591

Author(s):
International Monetary Fund
Published Date:
September 1959
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(In millions of U.S. dollars)
Member

(1)
Currency

Purchased

by Member

Against

Own

Currency

(2)
Member’s

Currency

Sold by

Fund to

Other

Members

for Their

Currency

or Gold

(3)
Member’s

Currency

Repurchased

by Member

with

Convertible

Currency

or Gold

(4)
With-

drawing

Member’s

Offset

(5)
Member’s

Currency

Used for

Repurchases

by Other

Members

(6)
Effect of

Operations

on Fund’s

Currency

Holdings

(columns

2 & 6

minus

3, 4, & 5)

(7)
Fund’s

Currency

Holding on

Apr. 30, 1959

Expressed as

Percentage

of Quota

(8)
Afghanistan
Argentina93.593.5137
Australia50.050.00.096
Austria7.5-7.575
Belgium83.011.471.60.075
Bolivia8.58.5160
Brazil260.7148.2112.5150
Burma15.06.28.8155
Canada15.0—15.070
Ceylon3.0—3.075
Chile63.025.038.0158
China
Colombia40.010.030.0135
Costa Rica1.22.1—0.975
Cuba72.547.525.0125
Czechoslovakia6.04.321.722
Denmark44.255.3—11.175
Dominican Republic75
Ecuador5.05.00.075
EI Salvador2.52.50,075
Ethiopia0.62.0—1.475
Finland9.518.2—8.775
France518.8147.9370.9150
Germany, Fed. Rep. of68.945.1—114.055
Ghana96
Greece
Guatemala75
Haiti3.83.8126
Honduras7.56.21.392
Iceland75
India300.099.9200.03145
Indonesia70.027.043.0125
Iran46.029.116.9123
Iraq2.0—2.075
Ireland85
Israel3.83.80.075
Italy
Japan249.0249.00.075
Jordan97
Korea
Lebanon0.9—0.975
Libya
Luxembourg95
Malaya
Mexico67.544.922.53100
Morocco
Netherlands144.15.0139.10.075
Nicaragua8.08.00.075
Norway9.69.60.075
Pakistan96
Panama75
Paraguay7.10.96.2158
Peru14.53.111.4133
Philippines23.82.521.3115
Saudi Arabia
Spain5.0
Sudan8.0—8.075
Sweden
Thailand
Tunisia73.535.038.5164
Union of South Africa46.210.036.2164
United Arab Republic
Egypt33.08.524.5125
Syria1.4—1.475
United Kingdom861.5207.9312.0341.6109
United States2,977.71,310.6—1,667.135
Uruguay
Venezuela75
Viet-Nam
Yugoslavia31.99.022.9125
Total3,279.73,285.941,657.054.31,310.6-357.0

Totals May not equal sums of items because of rounding.

The settlement with Czechoslovakia involved an offset of $2.04 million in respect of Czechoslovakia’s drawing of $6 million. The installments paid by Czechoslovakia under the settlement increased the offset to $4.3 million.

After adjustment for effect of administrative items.

$3,279.7 million sold for currency and $6.2 million for gold.

$1,310.6 million repurchased with convertible currency and $346.4 million with gold.

Totals May not equal sums of items because of rounding.

The settlement with Czechoslovakia involved an offset of $2.04 million in respect of Czechoslovakia’s drawing of $6 million. The installments paid by Czechoslovakia under the settlement increased the offset to $4.3 million.

After adjustment for effect of administrative items.

$3,279.7 million sold for currency and $6.2 million for gold.

$1,310.6 million repurchased with convertible currency and $346.4 million with gold.

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