<h1>Governor Highlights India's Transition with IMF and Stresses Multilateralism for Global Economic Stability at Book Launch in New Delhi.</h1> At a book release event in New Delhi, a governor discussed India's evolving relationship with the International Monetary Fund (IMF) from 1991 to 2016. The book highlights India's transition from debtor to creditor and the IMF's shift from a stigmatized lender to a key player in the global monetary system. The governor also addressed the issue of currency manipulation and emphasized the importance of multilateral frameworks over bilateral labeling. He noted the challenges faced by Emerging Market Economies (EMEs) due to global financial shifts and stressed the need for strengthening institutions like the IMF to ensure global economic stability.