The 'catalog' is used by banks & currency exchanges
from the Monetary Research Institute in Houston TX
published quarterly $225 Yearly /$56.25 issue-Paperpack magazine
From what I get it is used by International Depts.In banks and currency exchanges to identify current world banknotes issues and any Government imposed restrictions on the import/export of currency.
It does not detail, nor provide specific info on the degree the currency is traded on the world markets, or what the market is for the currency.
From email; -currency exchange contact:
The guide(MRI) is just a picture guide of the currencies and any government restrictions that a country places on their own currencies. For example Malaysia does not allow their currency to trade. It does not tell you if there is a market for any of the currencies.
The Intel I have been getting of late on the NID, it will trade interbank when CBI and the Iraqi Government make the decision to allow the currency to be traded openly on the world markets.
One thing to remember, just because a currency is listed with Reuters,or any FX site for that matter,and gives an exchange rate does not mean that currency is widely interbank traded
(Saddam listed the rate for the IQD in the 80's & 90's as 1 USD =0.310900 IQD 1 IQD =3.21648 USD but restricted trading interbank,and the rate was
never tested on world markets)
examples: ( these are from my source at currency exchange)
Malaysia -listed but govmnt. restricts trading
Indonesia-listed limited trading ,rates quoted are nowhere near rates recieved (far less)
Venezuela -is traded but restricted by Venezulan government that only certain banks can trade the currency so the rates are also not accurate.
Columbia limited trading
Brazil restricted trading (certain banks only)
Chile limited trading
Egypt limited trading (bank restrictions)
Jordan trading interbank
Kuwait trading interbank
Lebanon limited trading
Pakistan limited trading
Peru Limited trading
slovak rep limited trading (switching to the EURO)
south Africa trading interbank
Thailand trading interbank
Uruguay thinly traded/ extremely limited-
saudi Arabia Trading (bank restrictions) does not allow the shekel(Israel) (import) into country
PM me for info about this catalog
I have one right in front of me. ;)
This is the Bankers and currency exchange "bible".
It is used 'across the board' for all International exchanges and banks.