[ad_1] © Reuters. SINGAPORE – The International Monetary Fund (IMF) has thrown its weight behind Central Bank Digital Currencies (CBDCs), with Managing Director Kristalina Georgieva highlighting their potential to enhance financial inclusion and fintech development. Speaking at a Singapore event, Georgieva underscored that while current adoption levels are low, more than half of the countries
[ad_1] ISLAMABAD – The Pakistani rupee experienced a notable improvement in the inter-bank market, appreciating to close at 286.50 against the dollar, marking an uptick from its previous position. This gain was observed after the currency ended its weeks-long losing streak the day before. The positive shift comes on the heels of a staff-level agreement
[ad_1] Share: In its latest report published on Tuesday, the International Monetary Fund (IMF) upgraded its gross domestic product (GDP) growth forecasts for China to 5.4% in 2023 and 4.6% in 2024. This came in contrast with October’s outlook when the IMF revised down 2023 and 2024 China’s growth forecasts for China to
[ad_1] © Reuters. FILE PHOTO: Japanese Finance Minister Shunichi Suzuki arrives for a news conference during the annual meeting of the International Monetary Fund and the World Bank, following last month’s deadly earthquake, in Marrakech, Morocco, October 13, 2023. REUTERS By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki on Tuesday declined to comment
[ad_1] © Reuters. FILE PHOTO: Banknotes of Japanese yen are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo By Leika Kihara MARRAKECH, Morocco (Reuters) -The yen’s recent declines are driven by fundamentals and do not meet any of the considerations that would call for authorities to intervene in the currency market,
[ad_1] Alongside the surge in USD/JPY Japanese authorities have insisted, over and over again, that the rate should trade in a stable fashion ‘driven by fundamentals’. And over and over again the market has insisted that a 500+ or so bp differential between US and Japanese rates are a solid fundamental. The IMF have weighed
[ad_1] © Reuters. A man rides a bicycle past a sign directing to Ettadamen district, in Tunis, Tunisia June 24, 2022. Picture taken June 24, 2022. REUTERS/Jihed Abidellaoui By Jorgelina do Rosario LONDON (Reuters) – Tunisia reached a preliminary deal with the International Monetary Fund a year ago on a $1.9 billion loan programme, but
[ad_1] © Reuters. A money exchange vendor holds U.S. dollar banknotes at his shop in Beirut, Lebanon December 21, 2022. REUTERS/Mohamed Azakir By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar’s share of global currency reserves reported to the International Monetary Fund was 58.9% in the second quarter, unchanged from the first three months of
[ad_1] واشنگتن (رویترز) – کریستالینا جورجیوا، مدیر صندوق بینالمللی پول گفت که او و رئیسجمهور اوکراین، ولودیمیر زلنسکی، روز سهشنبه درباره یک تعامل طولانیمدت که میتواند به سمت یک برنامه تامین مالی کامل برای اوکراین باشد، گفتگو کردند. جورجیوا گفت که تیم صندوق بینالمللی پول در هفتههای آینده با مقامات اوکراینی دیدار خواهد کرد و