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3 years ago

14

Why is it important for the IMF to monitor exchange rates around the world?

1 answer:

kondor19780726 [428]3 years ago

4 0

The main purpose of the IMF was to monitor the international fixed exchange rate system and to provide temporary loans to countries suffering balance of payments problems. ... The IMF conditionalities are the often-criticized conditions that the IMF places on foreign governments accepting their loans.

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