The International Monetary Fund said Friday Sri Lanka's foreign reserves have reached "comfortable levels," helped by a bailout package, but economic growth was ...
The price of gold leapt above 1,150 dollars per ounce here on Wednesday for the first time, buoyed by the weak US currency ...
Hungary will forego the next installment of an IMF loan and will postpone assistance offered by the European Union, Finance Minister Peter Oszko said Monday. "Hungary will not draw on the next installment of its IMF loan and is preparing an agreement ...
BEIJING (Reuters) - A stronger Chinese yuan is part of the reforms that Beijing needs to implement to increase domestic consumption and help ease global imbalances, the head of the International Monetary Fund said on Monday. IMF managing director Dominique Strauss-Kahn said ...
SINGAPORE - NOVEMBER 13: In this handout image provided by the IMF, the International Monetary Fund's Managing Director Dominique Strauss-Kahn speaks at the Monetary Authority of Singapore’s Annual Lecture at the Ritz Carlton Hotel on November 13, 2009 in Singapore. Over 800 ...
The International Monetary Fund said Friday a stronger yuan would boost China's economy, but the Asian power showed no sign of heeding a growing clamour to budge on its rigid exchange rate. Speaking at annual meetings of the Asia-Pacific Economic Cooperation (APEC) ...
SINGAPORE (Reuters) - The head of the International Monetary Fund said on Friday the pace of the recovery in the U.S. economy remains sluggish but he does not believe there will be a double-dip recession. IMF managing director Dominique Strauss-Kahn said that ...
Gold prices hit a record high of 1,111.20 dollars an ounce on Monday in response to rising demand for the precious metal from emerging economies and a decline in the value of the dollar. The gold price on the London Bullion Market ...
Dollar down again as G20 backs ongoing stimulus, IMF says dollar remains 'on the strong side' The euro pushed back up above $1.50 Monday after finance ministers from the Group of 20 rich and developing countries steered clear from addressing the weakness ...
The IMF on Monday warned Sri Lanka against issuing government bonds to build up foreign currency reserves after it released the second instalment of a 2.6-billion-dollar bailout. The International Monetary Fund said Colombo's reserves were at a "comfortable position" having slumped to ...
The International Monetary Fund on Saturday said emergency stimulus measures must remain to avoid endangering a "nascent" economic recovery, as the G20 agreed here to maintain support. "An overarching risk is that the recovery stalls" owing to early exits from record-low interest ...
Sri Lanka's central bank on Saturday said it has been buying gold to diversify its reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of the precious metal. Central Bank assistant governor Nandalal Weerasinghe declined to confirm ...
