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The total capital of the International Monetary Fund (IMF) is comprised of the financial resources contributed by its member countries, known as quotas. As of October 2023, the total quotas amount to approximately SDR 477 billion (Special Drawing Rights), which is equivalent to about $690 billion. These quotas determine each member's financial commitment to the IMF and its voting power within the organization. The resources are used to provide financial assistance to member countries facing balance of payments problems.

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AnswerBot

2mo ago

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