Did You Know ??? IMF - 5

Fast Facts
(1) 1944 - the year IMF was established
(2) 189 - member countries
(3) 147 - nationalities represented by staff
(4) 24 - executive directors representing 189 member nations
(5) $1 trillion - total amount IMF is able to lend to member countries
(6) 172 - new loans made since 2008
(7) 40+ - current lending arrangements
(8) 0% - interest rate on loans to low-income countries

Did You Know ??? IMF - 4

SDRs:
The IMF issues an international reserve asset known as Special Drawing Rights, or SDRs, that can supplement the official reserves of member countries.
Total global allocations are currently about SDR 204 billion (some $275 billion).
IMF members can voluntarily exchange SDRs for currencies among themselves.

Did You Know ??? IMF - 3

Surveillance:
In order to maintain stability and prevent crises in the international monetary system, the IMF monitors member country policies as well as national, regional, and global economic and financial developments through a formal system known as surveillance.

The IMF provides advice to member countries and promotes policies designed to
A) foster economic stability,
B) reduce vulnerability to economic and  financial crises, and
C) raise living standards.

Did You Know??? IMF - 2

Primary aims:

• Promote international monetary cooperation;
• Facilitate the expansion and balanced growth of international trade;
• Promote exchange stability;
• Assist in the establishment of a multilateral system of payments; and
• Make resources available (with adequate safeguards) to members experiencing balance-of-payments difficulties.

Did You Know??? IMF - 1

Founding and mission:
The International Monetary Fund was conceived in July 1944 at the United Nations Bretton Woods Conference in New Hampshire, United States.

The 44 countries in attendance  (India was one of them - represented by Economist A. D. Shroff as a non-official since India was not yet independent) sought to build a framework for international economic cooperation in order to avoid repeating the competitive currency devaluations that contributed to the Great Depression of the 1930s.

The IMF's primary mission is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to transact with each other.

Did You Know??? Stock Exchanges - 7

Chicago Climate Exchange is North America's largest and longest running greenhouse gas emission reduction programme.
From 2003 through 2010 CCX operated as a comprehensive cap and trade programme with an offsets component.
In 2011 CCX launched the Chicago Climate Exchange Offsets Registry Programme to register verified emission reductions based on a comprehensive set of established protocols.

Did You Know ??? Stock Exchanges - 6

  

The Tokyo Stock Exchange, which is called Tōshō or TSE/TYO for short, is a stock exchange located in Tokyo, Japan.
It is the second largest stock exchange market in the world by market value, second only to the New York Stock Exchange.
It is the fourth largest stock exchange in the world by aggregate market capitalization of its listed companies, and largest in East Asia and Asia.