| Description | Valuation of Special Drawing Rights (SDR). Bank for International Settlements (BIS). Standby policy. Candidates to succeed Schweitzer as managing director. Gold payments to Fund. Extended Fund Facility proposals. Sterling margins. Revisions of Compensatory Financing and Buffer Stock facilities. Special consultations on exchange rate policies - Canada, Japan, Italy and the United Kingdom (UK). 'SDR by some other name'. Witteveen appointed managing director. Central rates and wider margins. Consultations procedure. |