International Financial Statistics Yearbook 2017 is popular PDF and ePub book, written by International Monetary Fund. Statistics Dept. in 2017-08-18, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, International Financial Statistics Yearbook 2017 can be Read Online from any device for your convenience.
International Financial Statistics Yearbook 2017 Book PDF Summary
This paper focuses on composition of the basket that was changed on the basis of updated data for 1972–1976. The weights of some currencies were also changed. The amount of each of the 16 currencies in the revised basket was such as to ensure that the value of the Special Drawing Right (SDR) in terms of any currency on June 30, 1978 was exactly the same in the revised valuation as in the previous valuation. Since January 1, 1981, the value of the SDR has been determined based on the currencies of the five member countries having the largest exports of goods and services during the 5-year period ending one year before the date of the latest revision to the valuation basket. Broadly reflecting the currencies’ relative importance in international trade and finance, the weights are based on the value of the exports of goods and services of the members issuing these currencies and the balances of their currencies officially held by members of the IMF.
Detail Book of International Financial Statistics Yearbook 2017 PDF
- Author : International Monetary Fund. Statistics Dept.
- Release : 18 August 2017
- Publisher : International Monetary Fund
- ISBN : 9781475595369
- Genre : Business & Economics
- Total Page : 897 pages
- Language : English
- PDF File Size : 15,9 Mb
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