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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1484328078
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
This paper presents Selected Decisions and Selected Documents’ Fourth Issue of the IMF. In order to ensure the uniform application of the relevant Articles of Agreement as they apply to determinations of member's net official holdings of gold and US dollars for the purposes of Article III, Section 3(&)(ii), the IMF adopts or reaffirms several principles of interpretation for the indicated provisions of the IMF Agreement. Each member shall furnish to the IMF the data necessary to determine its net official holdings of gold and United States dollars. The IMF does not intend to apply the rules set forth in II to its holdings of members' currencies having fluctuating rates when there is no practical interest for the IMF or members to do so. In order to avoid misunderstanding, it may be useful to point out that these rules do not constitute a formula for dealing with the currencies of countries in which current transactions are conducted at multiple rates.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1484328078
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
This paper presents Selected Decisions and Selected Documents’ Fourth Issue of the IMF. In order to ensure the uniform application of the relevant Articles of Agreement as they apply to determinations of member's net official holdings of gold and US dollars for the purposes of Article III, Section 3(&)(ii), the IMF adopts or reaffirms several principles of interpretation for the indicated provisions of the IMF Agreement. Each member shall furnish to the IMF the data necessary to determine its net official holdings of gold and United States dollars. The IMF does not intend to apply the rules set forth in II to its holdings of members' currencies having fluctuating rates when there is no practical interest for the IMF or members to do so. In order to avoid misunderstanding, it may be useful to point out that these rules do not constitute a formula for dealing with the currencies of countries in which current transactions are conducted at multiple rates.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451970986
Category : Business & Economics
Languages : en
Pages : 685
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Book Description
This paper reports several IMF’s selected decisions of the Executive Board and selected documents. The Executive Board approves the draft “Guidelines for Determining the Amount of Reserve Assets to Be Paid in Connection with Subscriptions” set forth. These guidelines shall be considered by a Committee of the Executive Board established to consider an application for membership in the IMF or to consider a request for an increase in quota that is made outside the framework of a general review of quotas. A reasonable approximation of the amount of the subscription that has been paid in reserve assets in the past is the average of all reserve assets actually paid in terms of the quotas of all members, rather than the proportions paid in the past by individual members. In determining the amount of the reserve asset payment, account should also be taken of the effect the size of such payment would have on the remuneration that might be payable to the new member.
Author: International Monetary Fund
Publisher:
ISBN: 9781475590883
Category :
Languages : en
Pages :
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Book Description
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451970854
Category : Business & Economics
Languages : en
Pages : 601
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Book Description
This paper presents several IMF’s selected decisions of the Executive Board and selected documents. The Executive Board approves the draft Guidelines for Determining the Amount of Reserve Assets to Be Paid in Connection with Subscriptions set forth. These guidelines shall be considered by a Committee of the Executive Board established to consider an application for membership in the IMF or to consider a request for an increase in quota that is made outside the framework of a general review of quotas. The amount of the subscription to be paid in reserve assets shall be determined in the light of all the payments of reserve assets made by existing members and the country's external reserve position at the time of membership. Considering the asset payments made by all members in connection with the Sixth General Review of Quotas and adding them to the sum of asset payments taken as the equivalent of 25 per cent of total quotas as of the date of the Second Amendment, the reserve asset payments made by all members average 20 per cent of present quotas.
Author: John Innes Clark Hare
Publisher:
ISBN:
Category : Commercial law
Languages : en
Pages : 586
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Book Description
Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
ISBN: 1513529323
Category : Business & Economics
Languages : en
Pages : 114
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Book Description
The Fund’s Legal Department has produced this Supplement to Selected Decisions and Selected Documents of the IMF, 40th Issue, with the aim of making available in convenient form selected policy decisions and documents issued after the publication of the 40th Issue but before the issuance of the forthcoming 40th Issue.
Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
ISBN: 1475595999
Category : Business & Economics
Languages : en
Pages : 1048
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Book Description
This volume documents decisions, interpretations, and resolutions of the Executive Board and Board of Governors of the International Monetary Fund, as well as documents relating to the United Nations and other international organizations.
Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
ISBN: 1589068556
Category : Business & Economics
Languages : en
Pages : 962
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Book Description
This volume documents decisions, interpretations, and resolutions of the Executive Board and Board of Governors of the International Monetary Fund, as well as documents relating to the United Nations and other international organizations.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1616352434
Category : Business & Economics
Languages : en
Pages : 1017
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Book Description
Selected Decisions and Selected Documents of the International Monetary Fund includes decisions, interpretations, and resolutions of the Executive Board and Board of Governors of the IMF, as well as selected documents to which frequent reference is made in the current activities of the Fund. In addition, it includes certain documents pertaining to the relations between the Fund and other international organizations.
Author:
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 304
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Book Description
