A key international institution that plays an important role in exchange rate determination is the

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The International Monetary Fund (IMF) is a key international institution devoted to fostering global monetary cooperation, promoting international trade, promoting sustainable economic growth, and reducing poverty worldwide. In terms of exchange rate determination, the IMF provides analysis, policy advice, and technical assistance to its member countries to manage their exchange rates effectively and promote currency stability. Additionally, the IMF maintains a system of fixed exchange rates known as the "Bretton Woods system," which was established in 1944 and lasted until the early 1970s. The IMF remains a crucial institution in international finance and exchange rate determination.

A Key International Institution That Plays an Important Role in Exchange