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International Monetary Fund

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  • Anonymous

Abstract

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.

Suggested Citation

  • Anonymous, 1950. "International Monetary Fund," International Organization, Cambridge University Press, vol. 4(2), pages 322-323, May.
    • Handle: RePEc:cup:intorg:v:4:y:1950:i:2:p:322-323_15
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