Chapter

Summary Features of Exchange and Trade Systems in Member Countries1

Author(s):
International Monetary Fund. Monetary and Capital Markets Department
Published Date:
January 1991
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Summary Features of Exchange and Trade Systems in Member Countries1

(as of date shown on first country page)2

AfghanistanAlgeriaAngolaAntigua and BarbudaArgentinaArubaAustraliaAustriaThe BahamasBahrainBangladeshBarbadosBelgium and LuxembourgBelizeBeninBhutanBoliviaBotswanaBrazilBulgariaBurkina FasoBurundiCameroonCanadaCape Verde
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) the 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. More than one rate for imports
4. More than one rate for exports
5. Import rate(s) different from export rate(s).
C. Payments Arrears
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 1991Key and Footnotes
Central African Rep.ChadChileChina, People’s Rep. ofColombiaComorosCongoCosta RicaCôte d’IvoireCyprusCzechoslovakiaDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEthiopiaFijiFinlandFranceGabonThe GambiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHonduras
Annual Report on Exchange Arrangements and Exchange Restrictions 1991Key and Footnotes
Hong KongHungaryIcelandIndiaIndonesiaIran, Islamic Rep. ofIraqIrelandIsraelItalyJamaicaJapanJordanKenyaKiribatiKoreaKuwaitLao People’s Dem. Rep.LebanonLesothoLiberiaLibyan Arab JamahiriyaMadagascarMalawiMalaysia
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) the 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. More than one rate for imports
4. More than one rate for exports
5. Import rate(s) different from export rate(s).
C. Payments Arrears
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 1991Key and Footnotes
MaldivesMaliMaltaMauritaniaMauritiusMexicoMoroccoMozambiqueMyanmarNamibiaNepalNetherlandsNetherlands AntillesNew ZealandNicaraguaNigerNigeriaNorwayOmanPakistanPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRomaniaRwandaSt. Kitts and NevisSt. LuciaSt. Vincent and GrenadinesSao Tome and PrincipeSaudi Arabia




Annual Report on Exchange Arrangements and Exchange Restrictions 1991Key and Footnotes
SenegalSeychellesSierra LeoneSingaporeSolomon IslandsSomaliaSouth AfricaSpainSri LankaSudanSurinameSwazilandSwedenSyrian Arab Rep.TanzaniaThailandTogoTongaTrinidad and TobagoTunisiaTurkeyUgandaUnited Arab EmiratesUnited KingdomUnited States
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) the 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. More than one rate for imports
4. More than one rate for exports
5. Import rate(s) different from export rate(s).
C. Payments Arrears
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 1991Key and Footnotes
UruguayVanuatuVenezuelaViet NamWestern SamoaRepublic of YemenYugoslaviaZaïreZambiaZimbabwe
Annual Report on Exchange Arrangements and Exchange Restrictions 1991Key and Footnotes

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