Web Analytics

Purchasing Power Parity

Purchasing Power Parity Purchasing power parity (PPP) is an important and recurrent concept in international finance. Purchasing power parity (PPP) is a theory which states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries. This means that the exchange rate between two countries … Read more

Role of IMF

Role of IMF The IMF (International Monetary Fund) is responsible for ensuring the stability of the international monetary and financial system of international payments and exchange rates among national currencies that enables trade to take place between countries. The Fund seeks to promote economic stability and prevent crises; to help resolve crises when they do … Read more