Category: International Organizations

International Monetary and Financial Committee

The IMFC is a committee consisting of 24 members, representing the IMF’s 190 member countries. Each member of the IMFC is typically a finance minister, central bank governor, or a high-ranking official from a member country.  Its primary role is

International Monetary Fund

The International Monetary Fund (IMF) is a global financial institution founded in 1944 during the Bretton Woods Conference. Its creation aimed to address the economic instabilities that led to the Great Depression and World War II.  Today, with 190 member

ISO 4217

Currency CodesISO 4217 is an international standard that simplifies currency identification across borders. It is used by businesses, banks, financial institutions, and even everyday individuals who need to deal with money in different countries. These codes offer a standardized, quick,

New Development Bank

The New Development Bank (NDB) is a financial institution established to promote sustainable development and infrastructure projects among emerging economies.  Founded in 2014 by the BRICS countries—Brazil, Russia, India, China, and South Africa—it aims to provide financial support to member

OPEC+

In the world of energy and finance, OPEC+ plays a crucial role in shaping oil markets. This alliance of oil-producing nations directly affects global energy prices, making it vital for traders and investors to understand its influence. What is OPEC+?

Organization of the Petroleum Exporting Countries (OPEC)

The Organization of the Petroleum Exporting Countries (OPEC) plays an important role in the global economy and financial markets, including Forex trading. This article discusses on what OPEC is, it’s role, structure, and relevance in Forex trading. What Is the

Regional Comprehensive Economic Partnership (RCEP)

The Regional Comprehensive Economic Partnership (RCEP) is the largest free trade agreement globally, bringing together 15 countries in the Asia-Pacific region, including China, Japan, South Korea, Australia, New Zealand, and the 10 ASEAN nations. Officially implemented in 2022, it covers

Society for Worldwide Interbank Financial Telecommunication

The Society for Worldwide Interbank Financial Telecommunication, better known as SWIFT, is of importance as it plays a crucial role in global finance. In this article, we’ll discuss what SWIFT is, why it matters, and how it impacts global trade

Special Drawing Rights (SDR)

Special Drawing Rights (SDR) might sound like an advanced financial term, but it plays a crucial role in global economics. Managed by the International Monetary Fund (IMF), SDRs serve as an international reserve asset. Let’s break this concept down into

World Bank

One of the main drivers of global development and poverty reduction is the World Bank. Originally established to help rebuild nations after World War II, the organization has grown to become a significant force in global finance, providing funding for

International Monetary and Financial Committee

The IMFC is a committee consisting of 24 members, representing the IMF’s 190 member countries. Each member of the IMFC is typically a finance minister, central bank governor, or a high-ranking official from a member country.  Its primary role is

International Monetary Fund

The International Monetary Fund (IMF) is a global financial institution founded in 1944 during the Bretton Woods Conference. Its creation aimed to address the economic instabilities that led to the Great Depression and World War II.  Today, with 190 member

ISO 4217

Currency CodesISO 4217 is an international standard that simplifies currency identification across borders. It is used by businesses, banks, financial institutions, and even everyday individuals who need to deal with money in different countries. These codes offer a standardized, quick,

New Development Bank

The New Development Bank (NDB) is a financial institution established to promote sustainable development and infrastructure projects among emerging economies.  Founded in 2014 by the BRICS countries—Brazil, Russia, India, China, and South Africa—it aims to provide financial support to member

OPEC+

In the world of energy and finance, OPEC+ plays a crucial role in shaping oil markets. This alliance of oil-producing nations directly affects global energy prices, making it vital for traders and investors to understand its influence. What is OPEC+?

Organization of the Petroleum Exporting Countries (OPEC)

The Organization of the Petroleum Exporting Countries (OPEC) plays an important role in the global economy and financial markets, including Forex trading. This article discusses on what OPEC is, it’s role, structure, and relevance in Forex trading. What Is the

Regional Comprehensive Economic Partnership (RCEP)

The Regional Comprehensive Economic Partnership (RCEP) is the largest free trade agreement globally, bringing together 15 countries in the Asia-Pacific region, including China, Japan, South Korea, Australia, New Zealand, and the 10 ASEAN nations. Officially implemented in 2022, it covers

Society for Worldwide Interbank Financial Telecommunication

The Society for Worldwide Interbank Financial Telecommunication, better known as SWIFT, is of importance as it plays a crucial role in global finance. In this article, we’ll discuss what SWIFT is, why it matters, and how it impacts global trade

Special Drawing Rights (SDR)

Special Drawing Rights (SDR) might sound like an advanced financial term, but it plays a crucial role in global economics. Managed by the International Monetary Fund (IMF), SDRs serve as an international reserve asset. Let’s break this concept down into

World Bank

One of the main drivers of global development and poverty reduction is the World Bank. Originally established to help rebuild nations after World War II, the organization has grown to become a significant force in global finance, providing funding for

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