Agreements of Jamaica

The agreements of Jamaica make following the meeting of Kingston in Jamaica the 7 and January 8th 1976, of the temporary Committee of the Fonds international currency (the IMF) which puts a final term at the monetary system of fixed but adjustable parities. It is not acted in fact that of one regularization, the currencies floating since March 19th 1973.

The agreements of Jamaica are based on three essential provisions:

  • the abandonment of the system of fixed foreign exchange rates and the legalization of the new system of foreign exchange rate.
  • the role of monitoring allotted to the IMF.
  • the elimination of the role of gold within the System international currency and places dominating granted to the special drawing rights (DTS).

See too

External bonds

Text of the agreements on the site of the ENA

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