SDRs, Currencies, & Gold: 4th Survey of New Legal Developments

Author: International Monetary Fund

Publication date: January 1980

ISBN: 9781451981742

$0.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

	Paperback	PDF
English

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Business and Economics , Banks and Banking , Economics- Macroeconomics , Money and Monetary Policy , PAM , SDR , prescription , appendix B , SDR-denominated obligation , amount , party SDRs , amount of SDR , appendix D , SDRs , Currencies , Gold , Exchange rates , Reserve assets , Exchange rate policy , Global , Western Hemisphere , Europe , Africa , unit of account , gold value clause , SDR rate , market price , EC currency

Also of interest

Conditionality

The IMF: Its Evolution, Organization, and Activities

Operations & Transactions in Sdr-S: The First Basic Period

The Role and Governance of the IMF

Summary

This paper presents the fourth survey of certain changes in international and national monetary law and practice in relation to special drawing rights (SDRs), currencies, and gold. SDRs have characteristics that enable them to function as a supplement to existing reserve assets in the sense that they can be used as a form of international liquidity by members of the IMF participating in the SDR Department. The IMF has taken decisions to expand the uses of the SDR. Whether or not any of the newly authorized operations take place, the decisions authorizing them must be taken into account in any legal analysis of the character of the SDR.