For instance, all banknotes issued by the Reserve Bank of India (RBI) are backed by gold. When a country exports gold and continues to have rich gold reserves, such a situation automatically helps ...

What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s ...

The governor is appointed by the member country and is usually the minister of finance or the governor of the central bank. All powers of the IMF are vested in the Board of Governors. The Board of ...