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The IMF and Canada: From Floating to Fixed Exchange Rates

In: History of the IMF

Author

Listed:
  • Ayumu Sugawara

    (Tohoku University)

Abstract

A key element in the 1944 Articles of Agreement of the International Monetary Fund (IMF) was fixed exchange rates. However, while most IMF member countries sought to establish or maintain fixed exchange rates in the 1950s, the Canadian government placed the Canadian dollar under a flexible exchange rate regime. Canada began using a flexible rate in September 1950 and returned to a fixed rate in May 1962.

Suggested Citation

  • Ayumu Sugawara, 2015. "The IMF and Canada: From Floating to Fixed Exchange Rates," Studies in Economic History, in: Kazuhiko Yago & Yoshio Asai & Masanao Itoh (ed.), History of the IMF, edition 127, chapter 0, pages 207-223, Springer.
    • Handle: RePEc:spr:stechp:978-4-431-55351-9_10
    DOI: 10.1007/978-4-431-55351-9_10
    as

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