HEW MEMBERS OF I.M.F.
termany And Japan Invited To Join Wtt. 7 p.m.) WASHINGTON, May 29. |Hie 51 member countries of the Inftmational Monetary Fund have inWed Germany and Japan to join their pt is expected that the formal entry wthe two countries into the fund will gte place this summer. This means Germany and Japan will be able B establish official par values for their grrencies and engage in foreign exIjange transactions through the fund’s ■iannels. ; Japan will have a quota of 3j.000.000 dollars, of which 25 per B®t. will be in gold. quota will be 330,000,000 fwlars and her gold portion will be per cent, of the quota.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19520531.2.72
Bibliographic details
Press, Volume LXXXVIII, Issue 26745, 31 May 1952, Page 7
Word Count
110HEW MEMBERS OF I.M.F. Press, Volume LXXXVIII, Issue 26745, 31 May 1952, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.