Issues in International Exchange and Payments Systems

Issues in International Exchange and Payments Systems

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The global trend toward lilberalization in countries' international payments and transfer systems has been widespread in both industrial and developing countries and most dramatic in Central and Eastern Europe. Countries in general have brought their exchange systems more in line with market principles and moved toward more flexible exchange rate arrangements. This study updates previous studies published under the title Developments in International Exchange and Payments Systems.Annual limit on portfolio investments abroad by residents raised from ISK 562, 000 to ISK 750, 000 or its equivalent in other currencies; ... the primary and secondary markets, including equity and other securities or instruments of companies listed on the stock exchange in ... to guarantee loans to nonresidents on behalf of Irish residents or nonresidents without restriction and to purchase or sell commodityanbsp;...

Title:Issues in International Exchange and Payments Systems
Author: Peter J. Quirk
Publisher:International Monetary Fund - 1995-04-13

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