Front Matter

Front Matter

Author(s):
International Monetary Fund. External Relations Dept.
Published Date:
September 1953
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FOURTH ANNUAL REPORT ON EXCHANGE RESTRICTIONS 1953

Fourth Annual Report on Exchange Restrictions 1953

Washington, D.C.

Letter of Transmittal to Members and Governors of the Fund

May 22, 1953

Dear Sir:

I have the honor to transmit to you a copy of the International Monetary Fund’s Fourth Annual Report on Exchange Restrictions which has been prepared in accordance with the provisions of Article XIV, Section 4, of the Articles of Agreement.

Part I of this Report gives the results of the 1952 consultations under Article XIV, Section 4, of the Fund Agreement, considers the consultation program for 1953, and summarizes other Fund activity in the field of restrictions. The country surveys in Part II reflect the factual situation as confirmed during the consultations.

On behalf of the Executive Board, I should like to express our appreciation of the cooperation of the members in the preparation of the second part of the Report.

Sincerely yours,

/s/

Ivar Rooth

Chairman of the Executive Board

and

Managing Director

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