Front Matter

Front Matter

International Monetary Fund
Published Date:
August 1985
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    © 1985 International Monetary Fund

    Edited by Maxine Stough

    International Standard Serial Number: ISSN 0251–6365

    International Standard Book Number: ISBN 0-939934-50-7

    Price: US$7.50

    (US$4.50 to university libraries, faculty members, and students)

    Address orders to:

    External Relations Department, Attention Publications

    International Monetary Fund, Washington, D.C. 20431


    The following symbols have been used throughout this paper:

    • … to indicate that data are not available;

    • — to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;

    • – between years or months (e.g., 1979–81 or January-June) to indicate the years or months covered, including the beginning and ending years or months;

    • / between years (e.g., 1980/81) to indicate a crop or fiscal (financial) year.

    “Billion” means a thousand million.

    Minor discrepancies between constituent figures and totals are due to rounding.

    Prefatory Note

    This study was prepared in the Consultation Practices Division of the Exchange and Trade Relations Department under the direction of G. G. Johnson, Division Chief. The authors are grateful to the many other staff members, both in the Exchange and Trade Relations Department and elsewhere in the Fund, who provided background information on the formulation of exchange rate policies in individual adjustment programs.

    The paper has benefited from comments by other Fund staff members and by members of the Executive Board. However, opinions expressed are those of the authors and do not necessarily represent the views of other staff members or of Executive Directors.

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