FSOT Pro

Category - Economics

The exchange rate of currency is primarily monitored by:
  1. The International Monetary Fund
  2. The World Bank
  3. The United Nations
  4. Forex
Explanation
Answer: A - The International Monetary Fund is the body that monitors the exchange rate of currency. It also monitors global financial developments, lends money to member nations who are experiencing payment problems, and promotes international trade. It is aligned with the World Bank and is headquartered in Washington, D.C.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz