PURCHASES OF CURRENCIES FROM THE FUND FOR GOLD. (a) Any member desiring to obtain, directly or indirectly, the currency of another member for gold shall, provided that it can do so with equal advantage, acquire it by the sale of gold to the Fund. (b) Nothing in this Section shall be deemed to preclude any member from selling in any market gold newly produced from mines located within its territories.
Appears in 5 contracts
Samples: Agreement of the International Monetary Fund, Articles of Agreement of the International Bank for Reconstruction and Development, Articles of Agreement of the International Bank for Reconstruction and Development
