IMF MEMBERS PLEDGE TO AVOID USING CURRENCIES AS TRADE WEAPON

The International Monetary Fund said on Saturday its members pledged to refrain from competitive currency devaluations and step up dialogue on trade, as escalating trade frictions and higher borrowing costs threatened to knock global growth.

bdnews24.com (Date:10/13/2018 08:03) Read full article >>

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International: International mostly means something involving more than a single country. The term international as a word means involvement of, interaction between or encompassing more than one nation, or generally beyond national boundaries. For example, international law, which is applied by more than one coun
Saturday: Saturday is the day of the week following Friday and preceding Sunday. Saturday is the seventh and therefore last day of the week according to many commonly used calendars, but it is the second-to-last day of the week according to ISO 8601 . The Romans named Saturday dies Saturni no later than th
Monetary: Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socio-economic context or country. The main functions of money are distinguished as: a medium of exchange a unit of account a store of value and, occasionally in the past, a s
International Monetary Fund PhotoInternational Monetary Fund: The International Monetary Fund is an international organization that was created on July 22, 1944 at the Bretton Woods Conference and came into existence on December 27, 1945 when 29 countries signed the Articles of Agreement. It originally had 45 members. The IMF's stated goal was to stabilize ex