Selected Decisions and Selected Documents of the IMF, Thirty- Sixth Issue -- Multiple Currency Practices Applicable Solely to Capital Transactions

Prepared by the Legal Department of the IMF
As updated as of December 31, 2011

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ARTICLE VIII AND ARTICLE XIV
Multiple Currency Practices

MULTIPLE CURRENCY PRACTICES APPLICABLE SOLELY TO CAPITAL TRANSACTIONS

The phrase “multiple currency practices” in decisions of the Fund relating to the use of the Fund’s resources does not, except as otherwise provided, include multiple currency practices applying solely to capital transactions.

Decision No. 8648-(87/104),
July 17, 1987

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