01803cas a2200241 a 4500 AALejournalIMF010164 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451930597 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. On the International Use of Currencies : The Case of the Deutsche Mark. Washington, D.C. : International Monetary Fund, 1990. 1 online resource (64 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper assesses the role of the deutsche mark as a key international currency. It first investigates the theoretical basis underlying the international use of a currency. Theoretical considerations indicate that several factors relating to the issuing country-including inflation performance, openness of financial markets, and trade patterns-combine to propagate the international use of its currency. The paper then discusses these factors as they relate to the deutsche mark and identifies trends in several of these determinants of international currency use that presage an expanding role for the mark. Finally, data are presented on the extent of the internalization of the deutsche mark during the 1980s which corroborate the theoretical findings. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1990/003 Full text available on IMF http://elibrary.imf.org/view/journals/001/1990/003/001.1990.issue-003-en.xml IMF e-Library