The Monetary Authority of Singapore (MAS) announced today that Singapore intends to join international efforts to enhance the capacity of the International Monetary Fund (IMF) to help vulnerable ...
LONDON, Feb 12 (Reuters) - Group of Seven finance ministers are expected on Friday to back a new allocation of the International Monetary Fund's own currency, or Special Drawing Rights, to help ...
WASHINGTON, Feb 26 (Reuters) - The International Monetary Fund on Friday said it would propose ways to improve the transparency and accountability of how its Special Drawing Rights are used, a key U.S ...
The contributions will support efforts like the provision of debt relief to Sudan. Read more at straitstimes.com. Read more at straitstimes.com.
The Executive Board of the International Monetary Fund (IMF) has completed several reviews of its ongoing programmes with Mauritania, paving the way for the immediate disbursement of around $91 ...
Late Monday night the IMF announced the results of its five-yearly review of the composition and weightings of Special Drawing Rights. The surprise – or not – is that very little will change from ...
The World Bank estimates that COVID-19 could push between 143 and 163 million people into extreme poverty around the world in 2021, including nearly 50 million people in sub-Saharan Africa. And the ...
IMF credit is extended to its members in both currencies and SDRs. Credit extended in currencies is financed from the quota resources made available to the IMF by members, and essentially involves a ...
IMF, SDRs and more sabre rattling. The talk about the need for an alternative to the USD continues – or it doesn’t, depending on which Chinese official you speak to on the day ...
(1) The value of the U.S. dollar in terms of the SDR is the recip rocal of the sum of the dollar values, based on market exchange rates, of specified quant ities of the first four currencies shown.