Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 2004 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2004-09-23 with total page 1088 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2004 Annual Report on Exchange Arrangements and Exchange Restrictions provides a detailed description of the exchange arrangements and exchange/trade restrictions of individual IMF member countries and Hong Kong Special Administrative Region, as well as Aruba and the Netherlands Antilles. The report highlights that the exchange rate of the kuna is determined in the foreign exchange market. The Croatian National Bank may set intervention exchange rates, which it applies in transactions with banks outside the interbank market to smooth undue fluctuations in the exchange rate.