01996cas a2200241 a 4500 AALejournalIMF010606 230101c9999 xx r poo 0 0eng d 15.00 USD 9781451949322 1020-7635 BD-DhAAL BD-DhAAL International Monetary Fund. Research Dept. IMF Staff Papers : Volume 1, No. 3. Washington, D.C. : International Monetary Fund, 1951. 1 online resource (187 pages) IMF Staff 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 discusses that the governments of forty-nine countries have accepted the Articles of Agreement of the IMF. They have accepted the Agreement on their own behalf and in respect of all their colonies, overseas territories, all territories under their protection, suzerainty, or authority and all territories in respect of which they exercise a mandate. Although the concept of a fixed par value and of rates of exchange based on it is of fundamental importance under the Articles of Agreement, provision is also made for the retention, adaptation and introduction of multiple currency practices in certain circumstances. Courts are frequently called upon to decide at what rate of exchange one currency shall be translated into another. The courts of many countries have been faced, both before and after the coming into force of the IMF Agreement, with the problem whether they should recognize the effect of the exchange control regulations of other countries. Mode of access: Internet IMF Staff Papers; IMF Staff Papers ; No. 1951/001 Full text available on IMF http://elibrary.imf.org/view/journals/024/1951/001/024.1951.issue-001-en.xml IMF e-Library