Floating Currencies, Gold, and SDR's : Some Recent Legal Developments.
This paper outlines legal developments related to floating currencies, gold, and special drawing rights (SDRs) in the IMF. The Articles of the Fund require each member to establish a par value for its currency in terms of gold as a common denominator. Alternatively, the par value may be expressed in...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
1976.
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| Series: | Pamphlet Series
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| Online Access: | Full text available on IMF |