Tag: International Monetary Fund (IMF): Purpose
International Monetary Fund (IMF): Purpose, power, function & history
What is the IMF? The International Monetary Fund (IMF) is an organization that plays a crucial role in the global economy. It was established in 1944 to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries to transact with each other. The IMF has evolved over …
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