The IMF discourages any use of multiple exchange rates

Name: The IMF discourages any use of multiple exchange rates
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The IMF discourages the use of multiple exchange rates because it can create confusion and uncertainty in the market and also increase opportunities for corruption and rent-seeking behavior. The IMF promotes the use of a single, market-determined exchange rate as a key element of sound economic policies.

The IMF Discourages Any Use of Multiple Exchange Rates