A bill to amend the Federal Reserve Act to prohibit any officer or employee of the United States from purchasing the currency of certain foreign governments.

Summary

Amends the Federal Reserve Act to prohibit any officer or employee of the United States, in his or her official capacity, from purchasing the currency of any foreign country unless, on the date of the proposed purchase, such currency is used to determine the value of special drawing rights established under the International Monetary Fund.

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Documents

1 official file

• Introduced in House

  summary · EN · 28 September 1982

  Open at official source

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