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

Weekly Forex Forecast For DXY, EURUSD, GBPUSD, USDCHF, And XAUUSD (May 5-9, 2025)
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May forex seasonals: It's not time to sell the US dollar just yet | Forexlive
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Forex Seasonality ' May 2025: Will Trade Deals 'Trump' Historic Weakness in EUR/USD ...
... forex market over the 50+ years since the Bretton Woods system was dismantled in 1971, ushering in the modern foreign exchange market. As always ...
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Forex Today: US Dollar stands victorious as trade tensions ease - FXStreet
Forex Today: US Dollar stands victorious as trade tensions ease ... What you need to take care of on Friday, May 2: Optimism about a de-escalation in ...
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US dollar rallies on continued trade deal optimism; yen slumps - Arizona Daily Sun
By Gertrude Chavez-Dreyfuss. NEW YORK (Reuters) -The U.S. dollar continued to bounce back on Thursday on some technical buying after being ...
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The end of U.S. dollar dominance | Investment Executive
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Gold price sinks on traders' optimism as strong US Dollar erodes safe-haven demand
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Why the US dollar is likely to keep falling in 2025 - Stockhead
The US dollar has long been the undisputed anchor of the global financial system. But it increasingly appears that the tide is turning.
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