The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of 189 countries. Each country or region is represented by a member on the Fund's Executive Board and numerous staff members. They work to foster global monetary cooperation by means of standardizing global financial relations and exchange rates.

The IMF generally monitors the global economy, and its core goal is to economically strengthen its member countries. Specifically, the IMF was created with the intention of Promoting global monetary and exchange stability, Facilitating the expansion and balanced growth of international trade, and, Assisting in the establishment of a multilateral system of payments for current transactions.

The IMF main function is to oversee the international monetary and financial system and monitor the economic and financial policies of its member countries. This activity is known as surveillance and facilitates international cooperation. While the IMF sets standards for the global economy and monitors the financial communications between countries, it also helps those countries in need by lending them the money necessary to turn their economy around and rebuild their financial structure. Countries contribute to a pool from which countries in need can borrow as a short-term loan. If a country has a balance of payments deficit, the IMF can step in to fill the gap. It serves as a council and adviser to countries attempting a new economic policy.

Latest news on The IMF & the Economy

Xeneta: Carriers Tighten Capacity as Rates Surge Across Key Trades - mfame.guru
... rates approach USD 6,000 per FEU, while the East Coast trade is now trending above USD 7,300 per FEU. These elevated levels reflect a market under ...
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Los Angeles Unified School District (CA)
Fitch Rates Los Angeles USD, CA $308.5 MM Judgment Obligation Bonds, 2025A 'AA-'; Outlook Stable · Los Angeles Unified School District (CA) · Fitch ...
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USD/CHF Outlook: Swiss franc rallies to fresh 14-year highs versus dollar - MarketPulse
... USD/CHF currently poised to extend a seven-day losing streak. Cutting rates to 0.00% in their June decision, which would typically weaken the ...
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Supramax spot rates achieve USD 20,000 for the first time in ten years | CW Group
Rates have increased 40 percent in the third week of February Supramax rates have increased up to 40 percent in the week ending on February 19, ...
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AUD/USD Breaks Higher as US Dollar Extends Decline Toward Key Support - FOREX.com
AUD/USD clears 0.6550 as bullish breakout gains traction; US dollar index (DXY) nears 2023 low with downside risks mounting.
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The Dollar Has Its Worst Start to a Year Since 1973 - The New York Times
It has continued to slide even as President Trump has backed down from his tariff threats and the U.S. stock market has recovered from its losses.
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U.S. Dollar Tests Yearly Lows As Pullback Continues: Analysis For EUR/USD, GBP ... - FXEmpire
The American currency is losing ground as traders bet on dovish Fed.
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Stocks hit fresh record on trade optimism, dollar soft | Reuters
Global stocks edged up to hit an intraday record on Monday on hopes U.S. trade negotiations with key partners would continue to progress, ...
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McCullough: Why The U.S. Dollar Is Our Largest Short Position (Right Now) - Hedgeye
This strengthens their currencies while the U.S. dollar continues to weaken. "The world's currencies are going the other way because people are ...
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The US Dollar just posted its worst first-half performance in decades: What's behind the downfall'
The US Dollar (USD) continues to slide, posting its worst first-semester performance in nearly forty years, according to Bloomberg data.
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