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240607 ||| eng |
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|a 9798400258619
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|a Review Of the Fund's Policy on Multiple Currency Practices—Extension of The Effective Date
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|a Washington, D.C.
|b International Monetary Fund
|c 2023
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| 300 |
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|a 3 pages
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| 653 |
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|a Economics
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| 653 |
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|a Political Economy
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| 653 |
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|a Monetary economics
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| 653 |
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|a Currency; Foreign exchange
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| 653 |
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|a Multiple currency practices
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| 653 |
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|a Political economy
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a Monetary policy
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| 653 |
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|a Monetary Policy
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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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| 710 |
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|a International Monetary Fund
|b Monetary and Capital Markets Department
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| 710 |
2 |
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|a International Monetary Fund
|b Strategy, Policy, & Review Department
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| 710 |
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|a International Monetary Fund
|b Legal Dept
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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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| 490 |
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|a Policy Papers
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|a 10.5089/9798400258619.007
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|u https://elibrary.imf.org/view/journals/007/2023/046/007.2023.issue-046-en.xml?cid=541203-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a In July 2022, the Executive Board concluded the review of the Fund’s policy on multiple currency practices (MCPs). The effectiveness date for the new policy was originally envisaged for April 1, 2023 and then delayed to November 1, 2023. Staff proposed and the Board supported an additional extension of the transitional period and a delay of the effectiveness date to February 1, 2024. The extension will allow more time for the authorities to adjust to the new policy and for staff to conduct outreach with stakeholders to raise awareness. Elements of the revised policy which became effective immediately on July 1, 2022 will continue to apply as envisaged during the transitional period
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