In June 1955, " The Free Convertibility of Sterling " by George Winder was published, with Fisher signing the foreword as Director of the IEA . In November 1955, the IEA's Original Trust Deed was signed by Fisher, John Harding and Oliver Smedley.
32.
The ban on free convertibility of the former Soviet republic's national currency, the som, has complicated trade, and the domestic consumer market has been filled mostly by small companies or shuttle traders who bring in small consignments of goods and sell them at retail markets.
33.
It adheres to the International Monetary Fund's so-called Article 8 conditions, which require free convertibility of a currency for all current-account transactions, and eases some restrictions on capital-account transactions, such as allowing Czech businesses and citizens access to foreign currency for buying real estate abroad.
34.
Despite riding on the Ram Janmabhoomi plank, the BJP advocated industrial deregulation, a tax regime based on lower rates and greater compliance, PSE disinvestment in all but strategic industries, banking sector reforms and a move towards free convertibility of the rupee with a market determined exchange rate.
35.
The ANB began to follow a policy of Board member John Garvan, in contracting the money supply, with the goal of reducing prices so that free convertibility of the Australian pound to gold could be re-established at pre-war rates, that is return to the former gold standard.
36.
"The renminbi has already become convertible under the current account, and what we are doing is to study new ways to gradually realize the free convertibility of the renminbi under the capital account, under the premise of effectively warding off risks, " said Hu at a press conference in Bangkok following the APEC meeting.
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