58

The International Monetary Fund (Imf) and India

Introduction

The International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, especially those with an impact on exchange rates and the balance of payments. It is a global enterprise set up to ensure stabilization of international exchange rates and help member countries speed up their economic growth. It also provides loans primarily to poorer countries. The headquarters of the IMF is in Washington DC in the United States.

The IMF collaborates with the World Bank, regional development banks, the World Trade Organization (WTO), UN agencies and other international bodies. While all ...

Get Indian Economy now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.