Friday, October 9, 2009
International Monetary Fund
The International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rates and the balance of payments. It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development.[2] It also offers highly leveraged loansmainly to poorer countries. Its headquarters are located in Washington, D.C., United States.
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