Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER)
Provides a comprehensive description of exchange and trade systems, going beyond exchange restrictions or exchange controls, for all 186 IMF member countries, along with these territories of member countries: Aruba, Hong Kong SAR, and Netherlands Antilles. Individual country chapters include information related to restrictions on current international payments and transfers and multiple currency practices (MCPs) subject to the IMF’s jurisdiction in accordance with Article VIII of the IMF’s Articles of Agreement or maintained under Article XIV. AREAER also provides information on the structure and setting of exchange rates, arrangements for payments and receipts, procedures for resident and nonresident account, the operation of the foreign exchange markets, and controls on international trade. It includes the description of controls on capital transactions and measures implemented in the financial sector, including prudential measures.