G10 countries.

The Group of Ten or G10 refers to the group of countries that have agreed to participate in the General Arrangements to Borrow (GAB). The GAB was established in 1962, when the governments of eight International Monetary Fund (IMF) members—Belgium, Canada, France, Italy, Japan, the Netherlands, the United Kingdom, and the United States—and the central banks of two others, Germany and Sweden, agreed to make resources available to the IMF for drawings by participants, and, under certain circumstances, for drawings by nonparticipants. The GAB was strengthened in 1964 by the association of Switzerland, then a nonmember of the Fund, but the name of the G10 remained the same. The following international organizations are official observers of the activities of the G10: The Bank for International Settlements (BIS), European Commission, IMF, and OECD. Image File history File links Flag_of_Belgium_(civil). ... Image File history File links Flag_of_the_Netherlands. ... Image File history File links Flag_of_Canada. ... Image File history File links Flag_of_Sweden. ... Image File history File links Flag_of_France. ... Image File history File links Flag_of_Switzerland. ... Image File history File links Flag_of_Germany. ... Image File history File links Flag_of_the_United_Kingdom. ... Image File history File links Flag_of_Italy. ... Image File history File links Flag_of_the_United_States. ... Image File history File links Flag_of_Japan. ... 1962 (MCMLXII) was a common year starting on Monday (link will take you to calendar). ... The logo of the International Monetary Fund (IMF) The International Monetary Fund (IMF) is the international organization entrusted with overseeing the global financial system by monitoring exchange rates and balance of payments, as well as offering technical and financial assistance when asked. ... For the Nintendo 64 emulator, see 1964 (Emulator). ... BIS Headquarters in Basel The Bank for International Settlements (or BIS) is an international organization of central banks which exists to foster cooperation among central banks and other agencies in pursuit of monetary and financial stability. It carries out its work through subcommittees, the secretariats it hosts, and through its... The European Commission (formally the Commission of the European Communities) is the executive body of the European Union. ... The Organization for Economic Co-operation and Development (OECD) is an international organization of those developed countries that accept the principles of representative democracy and a free market economy. ...

The Group of Ten signed the Smithsonian Agreement in December 1971, replacing the world's fixed exchange rate regime with a floating exchange rate regime. The Smithsonian Agreement was a December 1971 agreement that ended the fixed exchange rates established at the Bretton Woods Conference of 1944. ... 1971 (MCMLXXI) was a common year starting on Friday (the link is to a full 1971 calendar). ... A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currencys value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. ... A floating exchange rate or a flexible exchange rate is a type of exchange rate regime wherein a currencys value is allowed to fluctuate according to the foreign exchange market. ...

Reference

• IMF