12th
May
2010
Global Financial System
The global financial system is like the umbrella organization of all central banks in the world. It is an international group that includes three very big team players the International Monetary Fund, World Bank and the World Trade Organization. The Global Financial System takes care of everything that is connected with finances, just like the foreign exchange market and they are also closely tied to private members like some commercial banks and pension funds.
It is a very complicated world of banking and finance and something that common people do not usually get involved with or even be concerned about.
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