Chapter

Summary Features of Exchange and Trade Systems in Member Countries

Author(s):
International Monetary Fund. External Relations Dept.
Published Date:
September 1983
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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 Barbuda3ArgentinaAustraliaAustriaBahamasBahrainBangladeshBarbadosBelgium and LuxembourgBelizeBeninBhutanBoliviaBotswanaBrazilBurmaBurundiCameroonCanadaCape VerdeCentral African Rep.Chad
A. Acceptance of Article Status
1. Article VIII status
2. Article XIV status
B. Exchange Arrangement
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 rates5 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 transactions6
2. Restrictions on payments for capital transactions6,7
F. Cost-Related Import Restrictions
1. Import surcharges
2. Advance import deposits
G. Surrender Requirement for Export Proceeds
For key and footnotes, see page 529.
ChileChina, People’s Rep.ColombiaComorosCongoCosta RicaCyprusDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEthiopiaFijiFinlandFranceGabonThe GambiaGermany, Fed. Rep. ofGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIceland




IndiaIndonesiaIran, Islamic Rep.IraqIrelandIsraelItalyIvory CoastJamaicaJapanJordanKenyaKoreaKuwaitLao People’s Dem. Rep.LebanonLesothoLiberiaLibyan Arab JamahiriyaMadagascarMalawiMalaysiaMaldivesMali
A. Acceptance of Article Status
1. Article VIII status
2. Article XIV status
B. Exchange Arrangement
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 rates5 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 transactions6
2. Restrictions on payments for capital transactions6,7
F. Cost-Related Import Restrictions
1. Import surcharges
2. Advance import deposits
G. Surrender Requirement for Export Proceeds
For key and footnotes, see page 529.
MaltaMauritaniaMauritiusMexicoMoroccoNepalNetherlandsNetherlands AntillesNew ZealandNicaraguaNigerNigeriaNorwayOmanPakistanPanamaPapua New GuineaParaguayPeruPhilippinesPortugalQatarRomaniaRwandaSt. LuciaSt. Vincent and GrenadinesSão Tomé and PrincipeSaudi ArabiaSenegalSeychellesSierra LeoneSingaporeSolomon IslandsSomalia








South AfricaSpainSri LankaSudanSurinameSwazilandSwedenSyrian Arab Rep.TanzaniaThailandTogoTrinidad and TobagoTunisiaTurkeyUgandaUnited Arab EmiratesUnited KingdomUnited StatesUpper VoltaUruguayVanuatuVenezuelaViet NamWestern Samoa
A. Acceptance of Article Status
1. Article VIII status
2. Article XIV status
B. Exchange Arrangement
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 rates5 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 transactions6
2. Restrictions on payments for capital transactions6,7
F. Cost-Related Import Restrictions
1. Import surcharges
2. Advance import deposits
G. Surrender Requirement for Export Proceeds

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