01630cas a2200241 a 4500 AALejournalIMF010635 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451958195 0538-8759 BD-DhAAL BD-DhAAL International Monetary Fund. Floating Currencies, SDR's and Gold Further Legal Developments. Washington, D.C. : International Monetary Fund, 1977. 1 online resource (116 pages) Pamphlet Series <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 examines legal developments in area of floating currencies, special drawing rights, and gold in the IMF. It highlights that the breakdown of the par value system of the original Articles of the IMF and the failure of the IMF's efforts to substitute a comparable system based on central rates are producing widespread effects in international and domestic law. The floating of sterling has been an impetus to the reversal of the ancient rule that English courts can give monetary judgments only in sterling. It has also influenced the choice of the exchange rate on the day when payment is actually made. Mode of access: Internet Pamphlet Series Full text available on IMF http://elibrary.imf.org/view/books/054/15199-9781451958195-en/15199-9781451958195-en-book.xml IMF e-Library