International Monetary Fund (IMF):An international organization that aims to foster global monetary cooperation, secure financial stability, facilitate international trade, and reduce poverty around the world.
Bretton Woods Institutions: The collective name for the World Bank and the International Monetary Fund (IMF), established at a conference in Bretton Woods, New Hampshire in 1944 to help rebuild the shattered postwar economy and promote international economic cooperation.
Freely usable currency: A currency that the IMF determines is widely used to make payments for international transactions and widely traded in the principal exchange markets