SDRs, Currencies, and Gold : Sixth Survey of New Legal Developments /

This paper presents the sixth survey of developments in international and national monetary law and practice involving special drawing rights (SDRs), currencies, and gold. The paper highlights that a member's currency held by the IMF in accounts other than the General Resources Account is not s...

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Bibliographic Details
Main Author: Gold, Joseph
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1983.
Series:Pamphlet Series; Pamphlet Series, ; No. 40
Online Access:Full text available on IMF
Description
Summary:This paper presents the sixth survey of developments in international and national monetary law and practice involving special drawing rights (SDRs), currencies, and gold. The paper highlights that a member's currency held by the IMF in accounts other than the General Resources Account is not subject under the IMF's Articles of Agreement to the principle of maintenance of value in terms of the SDR that applies to currency held in the IMF's General Resources Account. The IMF has express or implied powers to invest holdings in accounts to which no obligation to maintain value is attached.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (168 pages)
Format:Mode of access: Internet
ISSN:0538-8759
Access:Electronic access restricted to authorized BRAC University faculty, staff and students