Arab Monetary Fund
ARAB MONETARY FUND
: Regional organization composed of members of the Arab League. It was founded in 1976 to regulate exchange rates and coordinate monetary policies among members; to promote trade and capital movement between member states; to promote the development of capital markets; and to prepare the development of a common Arab currency. It is based in Abu Dhabi, United Arab Emirates.
SEE ALSO League of Arab States.
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Arab Monetary Fund