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International Monetary Fund

Published online by Cambridge University Press:  22 May 2009

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Extract

The International Monetary Fund entered into a stand-by agreement with the government of Honduras authorizing drawings equivalent to $7.5 million for a one-year period. The arrangement was to serve as an assured secondary line of reserves to strengthen the country's international reserve position. The Fund entered into a stand-by arrangement authorizing the government of India to draw up to $100 million over the following year; this arrangement was made in support of India's reserve position, which had been under considerable strain in previous months.

Type
International Organizations: Summary of Activities: II. Specialized Agencies
Information
International Organization , Volume 16 , Issue 4 , Autumn 1962 , pp. 876 - 878
Copyright
Copyright © The IO Foundation 1962

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References

1 International Monetary Fund, Press Release 402, June 29, 1962.

2 International Monetary Fund, Press Release 403, July 9, 1962.

3 International Monetary Fund, Press Release 406, July 27, 1962.

4 International Monetary Fund, Press Release 411, August 8, 1962.

5 International Monetary Fund, Press Release 417, September 12, 1962.

6 International Financial News Survey (hereafter cited as IFNS), 06 29, 1962 (Vol. 14, No. 25), p. 197Google Scholar.

7 International Monetary Fund, Press Release 393, May 2, 1962; see also IFNS, 05 4, 1962 (Vol. 14, No. 17), p. 133Google Scholar.

8 International Monetary Fund, Press Release 413, August 17, 1962.

9 International Monetary Fund, Press Release 404, July 20, 1962.

10 International Monetary Fund, Press Release 405, July 26, 1962.

11 International Monetary Fund, Press Release 408, August 1, 1962.

12 International Monetary Fund, Press Release 410, August 1, 1962.

13 International Monetary Fund, Press Release 412, August 13, 1962.

14 International Monetary Fund, Press Release 409 (also International Bank for Reconstruction and Development, Press Release 62/27), August 1, 1962.

15 International Monetary Fund, Press Release 415, August 31, 1962.

16 Ibid.

17 International Monetary Fund, Press Release 416, September 10, 1962.

18 Ibid.

19 International Monetary Fund, International Bank for Reconstruction and Development, International Finance Corporation, International Development Association, Joint Press Release of September 13, 1962.

20 IFNS, 06 29, 1962 (Vol. 14, No. 25), p. 204Google Scholar.

21 IFNS, 08 3, 1962 (Vol. 14, No. 30), p. 244Google Scholar.

22 IFNS, 08 31, 1962 (Vol. 14, No. 34), p. 276Google Scholar.