The international monetary fund (I.m.f) as the name implies was founded in 1945. The international monetary fund is an organization of 189 countries.
The international monetary fund main aim is to ensure stability of the international monetary system I.e the exchange of system rates and international payments that enables countries and their citizens to transact each other .
The I.m.f help it's member countries in eliminating or minimizing the short period equilibrium of balance of payments either by selling or lending foreign currencies to the members.
The IMF also ensures determination per values of currencies of the member countries
The international monetary fund is governed by the current managing director & chairwoman by name Kristalina Georgieva
a bulgasian economist who has held the post since October 1 2019
Adapted: from Wikipedia