an international monetary and financial organization that promotes the development of international trade and monetary cooperation by establishing norms for regulating exchange rates and monitoring their observance, a multilateral payment system and eliminating currency restrictions; providing foreign exchange resources to its members in case of foreign exchange difficulties associated with the imbalance of balances of payments. The IMF is a specialized agency of the UN; created in 1944 at the international monetary and financial conference in Bretton Woods
Weather
21°
Time
01:00
Wednesday
12 june
City
Moscow
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