Sudan's central bank has said it will devalue the local currency to an upper limit of 31.5 Sudanese pounds against the US dollar... READ MORE›
Lagarde met with Mnangagwa on the sidelines of the World Economic Forum in Davos, Switzerland... READ MORE›
That would be the fastest rate since 2011, when the world was bouncing back from the financial crisis... READ MORE›
Bloomberg News reported Wednesday that officials reviewing China's foreign-exchange holdings had recommended slowing or halting purchases of US Treasuries, citing people familiar with the matter... READ MORE›
Beijing keeps a big share of its 3.1 trillion in foreign currency reserves in Treasury debt, which is considered safe and easy to trade... READ MORE›
China's foreign exchange reserves rose for the 10th straight month in November due to tighter regulation and a stronger yuan, which continue to discourage capital outflows... READ MORE›
The Pakistani rupee has sunk to an all-time low following the central bank's withdrawal of support for the currency against the US dollar last week... READ MORE›
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
Central banks must face challenge of virtual currencies IMF official... READ MORE›
Excessive private debt is a major headwind against the global recovery and a risk to financial stability, IMF fiscal chief Vitor Gaspar said in prepared remarks... READ MORE›
In the April world economic outlook, it had forecast U.S. growth of 2.3 percent and 2.5 percent, respectively, in 2017 and 2018... READ MORE›
Exclusive Greece needs debt relief far beyond EU plans - Secret IMF report... READ MORE›
The currency fell 0.2 percent to 6.7179 against the dollar at 6 15 p.m in Shanghai, the weakest since September 2010... READ MORE›
Japan, America's largest foreign creditor, trimmed its holdings for a second straight year... READ MORE›
The authorities also stepped up scrutiny on individual foreign currency purchases, although they kept the 50,000 annual individual quota in place... READ MORE›
Global policy makers are stepping up their resolve to combat an isolationist backlash that threatens to undermine years of opening borders to trade and investment... READ MORE›
In its October foreign exchange report, the outgoing Obama administration gave both Taiwan and China a pass by not naming either a currency manipulator... READ MORE›
IMF chief Christine Lagarde said the organisation was working closely with French authorities to investigate the incident in Paris... READ MORE›
In October, China's holdings of U.S. Treasuries fell by 41.3 billion to 1.115 trillion, according to data from the U.S. Treasury Department... READ MORE›
The president, Francois Hollande, said French authorities would do all they could to find those responsible for the letter bomb... READ MORE›
Central bank weakens currency further by 1.1 percent after previous official cuts that put global financial markets on edge... READ MORE›
Advances in technology are radically transforming the global economy... READ MORE›
China lets yuan fall faster share trading suspended as prices tumble... READ MORE›
It comes down to this Greece has until Wednesday to pass into law draconian new austerity measures or leave the single currency... READ MORE›
Seven charts showing why Venezuela's economy is a basket case... READ MORE›
Not the only one the IMF chief is likely to encounter in the age of President Donald Trump... READ MORE›
Greece is due to make a EUR3.2bn repayment to the European Central Bank on 20 August... READ MORE›
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world... READ MORE›
China has no need to 'regard foreign exchange reserves as gold', the overseas edition of People's Daily said... READ MORE›
China forex regulator tightens controls to stem capital outflows sources... READ MORE›
On April 8, Greek Prime Minister Alexis Tsipras will meet Russian President Vladimir Putin in Moscow... READ MORE›
Christine Lagarde, Managing Director of the International Monetary Fund IMF, spoke to FRANCE 24 during the annual meetings of her institution and the World Bank in Washington... READ MORE›
In its latest World Economic Outlook, the IMF forecast global economic growth of 3.2 percent this year, compared to a forecast of 3.4 percent in January... READ MORE›
Foreign exchange reserves fell 512.66 billion in 2015 to 3.33 trillion, central bank data showed on Thursday... READ MORE›
French authorities just informed us that it was mailed from Greece, Nikos Toskas told Ant1 Television... READ MORE›
China firms take on risks by raising foreign-currency bonds... READ MORE›
Sheng Songcheng, adviser to the People's Bank of China PBOC, said regulation was needed for a healthy market... READ MORE›
And Greece's output gap is huge at around 13 percent, the Organization for Economic Co-operation and Development calculates... READ MORE›
The Treasury said Germany has a responsibility to help balance global demand and trade flows... READ MORE›
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