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

5 economic events you don't want to miss - IG
AUD/CAD forex pair prices for the last year of trading. Australian dollar versus Source: IG. Interest Rate Decision - Australia. Time: 12:30am ET ...
>> Read more here

Forex - Crypto Trader - WA-Seattle | eFinancialCareers
Maverick Currencies is seeking traders to plan, analyze, and execute trades in the crypto and forex markets, utilizing the firm's capital, with the ...
>> Read more here

Foreign exchange reserves rise for a seventh month - Taipei Times
SIXTH-LARGEST: Higher interest income and foreign fund inflows as portfolio managers snapped up chip stocks contributed to the increase in forex ...
>> Read more here

LeveTrade Introduces Cutting-Edge Forex Trading Services - InvestorsObserver
With the burgeoning popularity of the forex market, LeveTrade has its sights set on empowering traders with a robust, secure platform for trading ...
>> Read more here

FOREX-Dollar falls after weak services data - Yahoo Finance
FOREX-Dollar falls after weak services data. Karen Brettell. Mon, June 5, 2023 at 7:44 AM PDT ·4 min read. (Adds quotes, data, details on Fed ...
>> Read more here

Blackrock CEO Larry Fink Says US Is Jeopardizing Dollar's Reserve Currency Status
The CEO of the world's largest asset manager, Blackrock, has warned that the United States is jeopardizing the U.S. dollar's reserve currency ...
>> Read more here

Dollar falls after weak services data - CNBC
Bundles of U.S. 100 dollar banknotes. SeongJoon Cho | Bloomberg | Getty Images. The dollar fell on Monday on news that the U.S. services sector barely ...
>> Read more here

US Dollar (DXY): Strengthens as Fed Hike Expectations Rise Amid Strong Jobs Data
U.S. Dollar (DXY) gains momentum on jobs data, but easing wage pressures and rising unemployment may pause rate hikes.
>> Read more here

The shift away from the US dollar hegemony: Implications for Uganda - Daily Monitor
During the conference, it was agreed upon that the US Dollar would become the Global Reserve Currency, and the gold standard would be maintained ...
>> Read more here

Obama and the economy
Obama economy
Putin and the economy
Putin economic
Greenspan Economics
Alan Greenspan economics
The FED and the economy
Federal Reserve economy
International Monetary Fund
IMF economics
World Bank & the economy
World Bank economy
Deutsche Bank
Deutsche Bank economy
European Union economy
European Union economy
China economy
China economy
NAFTA and the economy
NAFTA and the economy
GOLD in the economy
GOLD in the economy
SILVER in the economy
SILVER in the economy