Map of Katowice Tourist on The statutory purposes of the IMF are to promote the balanced growth of world trade, the stability of EXCHANGE RATES, and the orderly adjustment of member-countries’ balance of payments. Overseeing the international monetary system. In 1944, representatives of 45 countries met at a United Nations conference in BRETTON WOODS, New Hampshire, to establish the IMF. The main purposes of the new organization included overseeing the international monetary system, promoting the elimination of exchange restrictions, and the stability of exchange rates. Under the Bretton Woods system of exchange rates that existed between 194571, members of the IMF agreed to keep their exchange rates fixed against the U.S. DOLLAR and change them only to correct a fundamental disequilibrium in the balance of payments. Map of Katowice Tourist 2016.
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