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The International Monetary Fund and World Bank
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CT-February 2006-1
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The IMF and World Bank have limited political power, but their actions can nonetheless signal potential shifts in the currency market.
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Detailed Description
The International Monetary Fund (www.imf.org) and the World Bank (www.worldbank.org) were both established in the mid-40s as part of post-World War II reconstruction plans. While neither group acts as a policymaker or regulator for any government or institution, their actions can sometimes impact the forex market or signal potential currency moves.
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