Some of the important functions of IMF include:

• Acting as a short term credit institution,
• Providing machinery for the orderly adjustment of exchange rates;
• Acting as a reservoir of the currencies of all the member countries, from which a borrower nation can borrow the currency of other nations;
• Acting as a lending institution of foreign currency and current transaction;

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Understanding the International Monetary Fund

• History of the IMF. The IMF was originally created in 1945 as part of the Bretton Woods Agreement, which attempted to encourage international financial cooperation by introducing a system of ...
• IMF Activities. The IMF's primary methods for achieving these goals are monitoring capacity building and lending. ...
• Surveillance. ...
• Capacity Building. ...
• Lending. ...