International Monetary Fund Annual Report 1950.

This paper reviews key findings of the IMF's Annual Report for the fiscal year ended April 1950. The report highlights that the widespread devaluation of currencies that took place in September 1949 was the most far-reaching in any comparable period in recent times. Thirteen members agreed new...

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Autor corporatiu: International Monetary Fund
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1950.
Col·lecció:Annual Report of the Executive Board; Annual Report of the Executive Board ; No. 1950/001
Accés en línia:Full text available on IMF
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520 3 |a This paper reviews key findings of the IMF's Annual Report for the fiscal year ended April 1950. The report highlights that the widespread devaluation of currencies that took place in September 1949 was the most far-reaching in any comparable period in recent times. Thirteen members agreed new par values with the IMF, most of them involving a devaluation of approximately 30.5 percent in relation to the U.S. dollar. Six member countries with which the IMF has no agreed par value also depreciated their exchange rates. 
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