Review of the 1977 Decision on Surveillance over Exchange Rate Policies : Proposal for a New Decision

This paper presents a draft Decision that reflects the guidance provided by the Board. In February, the Board endorsed three overarching principles to guide a new Decision: (i) no new obligations for members, together with confirmation that dialogue and persuasion are key pillars of surveillance; (ii) due regard for country circumstances and emphasis on the need for evenhandedness; and (iii) continued flexibility

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Year of publication:	2007
Institutions:	International Monetary Fund
Publisher:	Washington, D.C : International Monetary Fund
Subject:	Wechselkurspolitik \| Exchange rate policy \| Entscheidung \| Decision \| Internationales Währungssystem \| International monetary system

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Review of the 1977 Decision on Surveillance over Exchange Rate Policies: Proposal for a New Decision. - Washington, D.C. : International Monetary Fund, 2021

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