IMF makes landmark update to exchange rate monitoring

As part of a reform of the IMF, the board agreed upon a new legal framework for bilateral surveillance that outlines warning signs (see box) that members may not be complying with the IMF's principles for exchange rate policies. A new fourth principle was added, stating a member "should avoid exchange rate policies that result in external instability".

Previously the IMF had three principles governing currency regimes. Countries should not manipulate the FX market to prevent balance of payment

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: