Cryptocurrency Q&A
How do exchange rates work in the IMF?
How do exchange rates work in the IMF?
henry_rose_scientist
Fri Jan 24 2025
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6
answers
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I'm curious about how exchange rates operate within the framework of the International Monetary Fund. Could someone explain the mechanism behind it?
6 answers
Elena
Sun Jan 26 2025
These rates are quoted as currency units per U.S. dollar.
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CryptoTitan
Sun Jan 26 2025
The rates provided are the reciprocal of the SDR per currency unit rate.
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DondaejiDelightful
Sun Jan 26 2025
The reported rates are rounded to six significant digits for accuracy.
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CryptoAlchemy
Sun Jan 26 2025
The IMF does not update exchange rates during weekends.
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Alessandra
Sun Jan 26 2025
The issuing central bank reports daily exchange rates to the Fund.
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