International Monetary Fund(IMF)-1944 Regulates the international monetary system Helps member countries during currency fluctuations Helps countries to move from soft to hard currencies Helps countries to fight against black market for hard currencies Helps countries during their privatization and restructuring of their economies Copyright 2001 by Harcourt, Inc. All rights reservedCopyright © 2001 by Harcourt, Inc. All rights reserved. International Monetary Fund (IMF) – 1944 • Regulates the international monetary system • Helps member countries during currency fluctuations • Helps countries to move from soft to hard currencies • Helps countries to fight against black market for hard currencies • Helps countries during their privatization and restructuring of their economies