Sunday, April 20, 2008

International Monetary Fund

The International Monetary Fund (IMF) is a worldwide organization that oversees the global financial system by follow the macroeconomic policies of its member countries; in exacting those with a crash on exchange rates and the balance of payments. It also offers financial and technical support to its members, making it an international lender of last resort. Its headquarters are situated in Washington, D.C., USA.

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