Floating Currencies, SDR's and Gold Further Legal Developments.

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 centra...

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Korporativní autor: International Monetary Fund
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1977.
Edice:Pamphlet Series
On-line přístup:Full text available on IMF
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245 1 0 |a Floating Currencies, SDR's and Gold Further Legal Developments. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1977. 
300 |a 1 online resource (116 pages) 
490 1 |a Pamphlet Series 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
538 |a Mode of access: Internet 
830 0 |a Pamphlet Series 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/books/054/15199-9781451958195-en/15199-9781451958195-en-book.xml  |z IMF e-Library