What is the IMF's role in addressing hyperinflation and currency crises?

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What is the IMF's role in addressing hyperinflation and currency crises?

The IMF's role in addressing hyperinflation and currency crises is to provide financial assistance and policy advice to member countries facing these issues. The IMF works with countries to implement macroeconomic and structural reforms aimed at stabilizing their economies, restoring confidence in their currencies, and reducing inflationary pressures. This assistance often includes the provision of loans and technical assistance, as well as monitoring and surveillance to ensure the effectiveness of the implemented measures. The IMF also plays a role in promoting international cooperation and coordination to address systemic issues that may contribute to currency crises and hyperinflation.