The IMF and Canada: From Floating to Fixed Exchange Rates

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

A key element in the 1944 Articles of Agreement of the International Monetary Fund (IMF) was fixed exchange rates. However, while most IMF member countries sought to establish or maintain fixed exchange rates in the 1950s, the Canadian government placed the Canadian dollar under a flexible exchange rate regime. Canada began using a flexible rate in September 1950 and returned to a fixed rate in May 1962.

Original languageEnglish
Title of host publicationStudies in Economic History
PublisherSpringer
Pages207-223
Number of pages17
DOIs
Publication statusPublished - 2015 Jan 1

Publication series

NameStudies in Economic History
ISSN (Print)2364-1797
ISSN (Electronic)2364-1800

Keywords

  • Canadian Dollar
  • Capital Control
  • Current Account Deficit
  • Exchange Rate
  • International Monetary Fund

ASJC Scopus subject areas

  • History
  • Economics, Econometrics and Finance(all)

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