The International Monetary Fund, as one of its basic principles (Article IV), encourages members to pursue "currency manipulation" to gain competitive advantages over other members as opposed to engaging in military action to achieve the same advantage.

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The International Monetary Fund (IMF) actually discourages currency manipulation by its members as it can create economic distortions and imbalances in the global economy. The IMF's Articles of Agreement prohibit members from manipulating exchange rates to gain an unfair competitive advantage over other members. The IMF instead encourages member nations to cooperate and pursue policies that promote trade and economic growth for all members.

The International Monetary Fund, as One of Its Basic Principles