International Monetary Fund Definition

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International Monetary Fund

Definition

IMF. An organization set up in 1944 to lower trade barriers between countries and to stabilize currencies by monitoring the foreign exchange systems of member countries, and lending money to developing nations.

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'International Monetary Fund' appears in the definitions of these other terms on BusinessDictionary.com

foreign exchange reserves, gold tranche, Group of Ten (G-10), group of twenty-four (G-24), special drawing rights (SDR), and

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