The international monetary fund, Managerial Economics

The International Monetary Fund

The International Monetary Fund is a kind of an embryo World Central Bank.  Its objectives are:

i.    To work towards the full convertibility of currencies by encouraging the growth of world trade.

ii.    To stabilize exchange rates between currencies.

iii.   To give short-term assistance to countries having balance of payments problems.

Posted Date: 12/1/2012 4:48:47 AM | Location : United States

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