Chapter

Summary Features of Exchange and Trade Systems in Member Countries

Author(s):
International Monetary Fund. Monetary and Capital Markets Department
Published Date:
August 1985
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Summary Features of Exchange and Trade Systems in Member Countries1

(as of date shown on first country page)2

AfghanistanAlgeriaAntigua and BarbudaArgentinaAustraliaAustriaBahamasBahrainBangladeshBarbadosBelgium and LuxembourgBelizeBeninBhutanBoliviaBotswanaBrazilBurkina FasoBurmaBurundiCameroonCanadaCape VerdeCentral African Rep.Chad
A. Acceptance of Article Status
1. Article VIII status
2. Article XIV status
B. Exchange Arrangement3
1. Exchange rate determined on the basis of:
(a) A peg to:
(i) the U.S. dollar
(ii) pound sterling
(iii) the French franc
(iv) other currencies4
(v) a composite of currencies
(b) Limited flexibility with respect to:
(i) single currency
(ii) cooperative arrangement
(c) More flexible arrangements:
(i) adjusted according to a set of indicators
(ii) other managed floating
(iii) independently floating
2. Separate exchange rate(s) for some or all capital transactions and/or some or all invisibles
3. Import rate(s) different from export rate(s)
4. More than one rate for imports
5. More than one rate for exports
C. Prescription of Currency
D. Bilateral Payments Arrangements
1. with members
2. with nonmembers
E. Payments Restrictions
1. Restrictions on payments for current transactions5
2. Restrictions on payments for capital transactions5,6
F. Cost-Related Import Restrictions
1. Import surcharges
2. Advance import deposits
G. Surrender or Repatriation Requirement for Export Proceeds
Annual Report on Exchange Arrangements and Exchange Restrictions 1985Key and Footnotes
ChileChina, People’s Rep. ofColombiaComorosCongoCosta RicaCyprusDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEthiopiaFijiFinlandFranceGabonThe GambiaGermany, Fed. Rep. ofGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIceland
Annual Report on Exchange Arrangements and Exchange Restrictions 1985Key and Footnotes
IndiaIndonesiaIran, Islamic Rep. ofIraqIrelandIsraelItalyIvory CoastJamaicaJapanJordanKenyaKoreaKuwaitLao People’s Dem. Rep.LebanonLesothoLiberiaLibyan Arab JamahiriyaMadagascarMalawiMalaysiaMaldivesMali
A. Acceptance of Article Status
1. Article VIII status
2. Article XIV status
B. Exchange Arrangement3
1. Exchange rate determined on the basis of:
(a) A peg to:
(i) the U.S. dollar
(ii) pound sterling
(iii) the French franc
(iv) other currencies4
(v) a composite of currencies
(b) Limited flexibility with respect to:
(i) single currency
(ii) cooperative arrangement
(c) More flexible arrangements:
(i) adjusted according to a set of indicators
(ii) other managed floating
(iii) independently floating
2. Separate exchange rate(s) for some or all capital transactions and/or some or all invisibles
3. Import rate(s) different from export rate(s)
4. More than one rate for imports
5. More than one rate for exports
C. Prescription of Currency
D. Bilateral Payments Arrangements
1. with members
2. with nonmembers
E. Payments Restrictions
1. Restrictions on payments for current transactions5
2. Restrictions on payments for capital transactions5, 6
F. Cost-Related Import Restrictions
1. Import surcharges
2. Advance import deposits
G. Surrender or Repatriation Requirement for Export Proceeds
Annual Report on Exchange Arrangements and Exchange Restrictions 1985Key and Footnotes
MaltaMauritaniaMauritiusMexicoMoroccoMozambiqueNepalNetherlandsNetherlands AntillesNew ZealandNicaraguaNigerNigeriaNorwayOmanPakistanPanamaPapua New GuineaParaguayPeruPhilippinesPortugalQatarRomaniaRwandaSt. Christopher and NevisSt. LuciaSt. Vincent and GrenadinesSão Tomé and PrincipeSaudi ArabiaSenegalSeychellesSierra LeoneSingapore
Annual Report on Exchange Arrangements and Exchange Restrictions 1985Key and Footnotes
Solomon IslandsSomaliaSouth AfricaSpainSri LankaSudanSurinameSwazilandSwedenSyrian Arab Rep.TanzaniaThailandTogoTrinidad and TobagoTunisiaTurkeyUgandaUnited Arab EmiratesUnited KingdomUnited StatesUruguayVanuatuVenezuelaViet NamWestern Samoa
A. Acceptance of Article Status
1. Article VIII status
2. Article XIV status
B. Exchange Arrangement3
1. Exchange rate determined on the basis of:
(a) A peg to:
(i) the U.S. dollar
(ii) pound sterling
(iii) the French franc
(iv) other currencies4
(v) a composite of currencies
(b) Limited flexibility with respect to:
(i) single currency
(ii) cooperative arrangement
(c) More flexible arrangements:
(i) adjusted according to a set of indicators
(ii) other managed floating
(iii) independently floating
2. Separate exchange rate(s) for some or all capital transactions and/or some or all invisibles
3. Import rate(s) different from export rate(s)
4. More than one rate for imports
5. More than one rate for exports
C. Prescription of Currency
D. Bilateral Payments Arrangements
1. with members
2. with nonmembers
E. Payments Restrictions
1. Restrictions on payments for current transactions5
2. Restrictions on payments for capital transactions5, 6
F. Cost-Related Import Restrictions
1. Import surcharges
2. Advance import deposits
G. Surrender or Repatriation Requirement for Export Proceeds
Annual Report on Exchange Arrangements and Exchange Restrictions 1985Key and Footnotes
Yemen Arab Rep.Yemen, P. D. R. ofYugoslaviaZaïreZambiaZimbabwe
Annual Report on Exchange Arrangements and Exchange Restrictions 1985Key and Footnotes

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