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International Monetary Fund

Published online by Cambridge University Press:  22 May 2009

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Extract

During the month of November 1949 the International Monetary Fund sold $22.5 million to Brazil, and the government of Costa Rica repurchased $1.25 million. The Fund concurred in a change proposed by the United Kingdom government in the par value of the British Honduras dollar effective December 31, 1949. In terms of gold and in terms of the United States dollar of the weight and fineness in effect on July 1, 1944, the parities for the British Honduras dollar were: 0.622 grams of fine gold per British Honduras dollar and 1.429 British Honduras dollars per United States dollar.

Type
International Organizations: Summary of Activities: II. Specialized Agencies
Information
International Organization , Volume 4 , Issue 2 , May 1950 , pp. 322 - 323
Copyright
Copyright © The IO Foundation 1950

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References

1 International Monetary Fund Press Release 115, December 12, 1949.

2 Ibid., 117, January 3,1950.

3 Ibid., 118, January 10, 1950.

4 Ibid., 120, January 30, 1950.

5 Document E/1556/Add.3.

6 International Monetary Fund Press Release 116, December 22, 1949.

7 Ibid., 127, February 27, 1950.

8 Ibid., 130, March 15, 1950.

9 International Financial News Survey, II, 03 17, 1950Google Scholar.