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150128 ||| eng |
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|a 9781451959154
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| 245 |
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|a Fund's Concepts of Convertibility
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 1971
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| 300 |
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|a 72 pages
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| 651 |
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4 |
|a United States
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Government and the Monetary System
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| 653 |
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|a Payment Systems
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| 653 |
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|a Banks
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| 653 |
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|a Banks and banking
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| 653 |
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|a Regimes
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| 653 |
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|a Monetary economics
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Multiple currency practices
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| 653 |
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|a Gold
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| 653 |
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|a Currency
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| 653 |
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|a Mortgages
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| 653 |
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|a Investments: Metals
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| 653 |
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|a Currency convertibility
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| 653 |
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|a Money
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| 653 |
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|a Metals and Metal Products
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| 653 |
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|a Cement
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| 653 |
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|a Glass
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a Commodities
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| 653 |
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|a Standards
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| 653 |
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|a Ceramics
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Currencies
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| 653 |
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|a Monetary Systems
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| 653 |
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|a Banking
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| 653 |
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|a Investment & securities
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| 653 |
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|a Foreign exchange market
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| 653 |
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|a Exchange rates
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Foreign exchange
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2 |
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|a International Monetary Fund
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|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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|a Pamphlet Series
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| 028 |
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|a 10.5089/9781451959154.054
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| 856 |
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|u https://elibrary.imf.org/display/book/9781451959154/9781451959154.xml?cid=30656-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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| 520 |
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|a This paper examines the IMF’s concepts of convertibility and gives some impression of their purposes. The central concept of convertibility in the Articles is the convertibility of Article VIII, Sections 2, 3, and 4. Under it, the basic rule is that members must avoid restrictions on the making of payments and transfers for current international transactions, multiple currency practices, and discriminatory currency arrangements. In addition, a member that has accepted the obligations of Article VIII must convert balances of its currency in certain circumstances when those balances are presented for conversion by the monetary authorities of another member
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