...development of the productive resources of all members as primary objectives of economic policy; (3) to promote exchange stability, to maintain orderly...arrangements among members, and to avoid competitive depreciation; (4) to assist in the establishment of a multilateral system of payments in respect of...

...development of the productive resources of all members as primary objectives of economic policy. (iii) To promote exchange stability, to maintain orderly...members, and to avoid competitive exchange depreciation. (iv) To assist in the establishment of a multilateral system of payments in respect of current transactions...

...example the important question of exchange stability. There is universal agreement that one of the main purposes of the Fund is "to promote exchange stability,...members, and to avoid competitive exchange depreciation". The precise provisions to give effect to this purpose were, however, the subject of considerable debate....

...development of the productive resources of all / members as primary objectives of economic policy. (iii) To promote exchange stability, to maintain orderly...members, and to avoid competitive exchange depreciation. (iv) To assist in the establishment of a multilateral system of payments in respect of current transactions...

...often obscure. They have the earmarks of concealing important purposes and meanings. Purpose No. 3 is : To promote exchange, stability, to maintain orderly...members, and to avoid competitive exchange depreciation. Does the fund do this? Article IV, section 5, states that when a member wants to lower its currency's...

...policy — And the current trade which is mentioned there, is the settlement of the day-to-day balances. To promote exchange stability, to maintain orderly...members, and to avoid competitive exchange depreciation. All the way through you cannot read that whole section without feeling that that is nailing it down...

...example the important question of exchange stability. There is universal agreement that one of the main purposes of the Fund is "to promote exchange stability,...members and to avoid competitive exchange depreciation". The precise provisions to give effect to this purpose were, however, the subject of considerable debate....

...development of the productive resources of all members as primary objectives of economic policy. 3. To promote exchange stability, to maintain orderly...members, and to avoid competitive exchange depreciation. 4. To assist in the establishment of a multilateral system of payments in respect of current transactions...

...Obligations Regarding Exchange Stability. (a) The members agree that they will collaborate with the Fund to promote exchange stability, to maintain orderly...arrangements among members, and to avoid competitive exchange alterations. (b) A member shall not propose a change in the par value of its currency except to correct...

...Obligations Regarding Exchange Stability. (a) The members agree that they will collaborate with the Fund to promote exchange stability, to maintain orderly...arrangements among members, and to avoid competitive exchange alterations. (b) A member shall not propose a change in the par value of its currency except to correct...