01883cas a2200313 a 4500 AALejournalIMF010855 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451938326 0538-8759 BD-DhAAL BD-DhAAL International Monetary Fund. Floating Currencies, Gold, and SDR's : Some Recent Legal Developments. Washington, D.C. : International Monetary Fund, 1976. 1 online resource (96 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 outlines legal developments related to floating currencies, gold, and special drawing rights (SDRs) in the IMF. The Articles of the Fund require each member to establish a par value for its currency in terms of gold as a common denominator. Alternatively, the par value may be expressed in terms of the U.S. dollar of the weight and fineness in effect on July 1, 1944, the effect of which is simply to express the par value indirectly in terms of gold. In this paper, application of existing provisions and valuation of the SDR are discussed in detail, and the new provisions and practices are also elaborated. Mode of access: Internet Currency Of A Participant imf Frankfurt Exchange Market imf Intervention Currency imf PAM imf Representative Rate imf United States imf Pamphlet Series Full text available on IMF http://elibrary.imf.org/view/books/054/14736-9781451938326-en/14736-9781451938326-en-book.xml IMF e-Library