SDRs, Currencies, and Gold : 4th Survey of New Legal Developments.

This paper presents the fourth survey of certain changes in international and national monetary law and practice in relation to special drawing rights (SDRs), currencies, and gold. SDRs have characteristics that enable them to function as a supplement to existing reserve assets in the sense that the...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1980.
Series:Pamphlet Series
Subjects:
Online Access:Full text available on IMF
Description
Summary:This paper presents the fourth survey of certain changes in international and national monetary law and practice in relation to special drawing rights (SDRs), currencies, and gold. SDRs have characteristics that enable them to function as a supplement to existing reserve assets in the sense that they can be used as a form of international liquidity by members of the IMF participating in the SDR Department. The IMF has taken decisions to expand the uses of the SDR. Whether or not any of the newly authorized operations take place, the decisions authorizing them must be taken into account in any legal analysis of the character of the SDR.
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Physical Description:1 online resource (148 pages)
Format:Mode of access: Internet
ISSN:0538-8759
Access:Electronic access restricted to authorized BRAC University faculty, staff and students