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Gold surged by Rs 85 to hit new peak at 31,885 per 10 grams in local bullion market Saturday. Its international price also jumped to $ 1,152 an ounce, market sources said. A leading bullion dealer said that tola (11.664 grams) price also increased by...
Tags: India, IMF, Pakistan, Karāchi, United States dollar, Methods of investing in gold, Tola, Gold, International Monetary Fund, Business Finance
Hoping to revive momentum for political and economic reforms, voters look set to back centrist incumbent Traian Basescu on Saturday. Opinion polls show him holding a slim lead with about 33 percent support, compared with 30 percent for his left-wing...
Tags: Romanians, Europe Romania, presidential voting, IMF, Romania, Bucharest, Antonescu, Crin Antonescu, International Monetary Fund, Traian Bᅣテsescu, Politics
The global economy is heading toward a sustained recovery but given the risks of another downturn it is too soon to withdraw stimulus, International Monetary Fund Deputy (IMF) managing director John Lipsky said on Friday. “We think that we are on a trajectory...
Tags: John Lipsky, Gulf, IMF, Kuwaiti, United Arab Emirates, Dubai, Euro, Currency, Cooperation Council for the Arab States of the Gulf, Fixed exchange rate, United States dollar, International economics, Foreign exchange market, Macroeconomics, Business Finance
Why does the International Monetary Fund make it so hard for people like me to love it? The IMF has said and done all the right things since the crisis. It has acted as quickly as any international bureaucracy can to establish new lines of credit for...
Tags: capital controls, IMF, Dominique Strauss-Kahn, capital inflows, capital flows, Brazil, financial market, São Paulo, Capital, Financial crisis, Capital control, Capital flight, Globalization and Its Discontents, Business Finance, International economics, International Monetary Fund, International development
The U.S. dollar will remain the world's primary reserve currency for many years or decades, an International Monetary Fund official said on Thursday. Spokeswoman Caroline Atkinson's comments came two days after IMF Managing Director Dominique Strauss-Kahn...
Tags: IMF, reserve currency, U.S, Washington, Foreign exchange market, Macroeconomics, World currency, International Monetary Fund, Special Drawing Rights, International economics, Currency, International trade, Business Finance
Philippines need to look for new areas of growth to ensure that their economies stay vibrant, the International Monetary Fund (IMF) said. The region, the multilateral lender said in a new outlook released yesterday, will take the lead in the recovery...
Tags: IMF, Asia-Pacific, Southeast Asian, Philippines, imf expected, advanced economies, sharp contracting, Pacific, Business cycle, Market trends, International Monetary Fund, Structural adjustment, Asian Financial Crisis, International development, Recessions, International economics, Business Finance
The nine lenders – Austria's Erste, Raiffeisen and Volksbank, Greek Eurobank EFG, Alpha Bank, Piraeus Bank and National Bank of Greece, French Societe Generale and Italy's UniCredit – have agreed to keep the capital adequacy ratio of their Romanian subsidiaries...
Tags: Romania, capital adequacy, IMF, adequacy ratios, Bucharest
This gold-price report is part of our “Outlook 2010” series, which will chronicle the global-investing outlook for the New Year.] Managing Editor Money Morning Gold has surged 60% in the past 12months and it’s not letting up. The “yellow metal” is continuing...
Tags: Reserve Bank of India, metric tons, central banks, U.S. Federal Reserve, People’s Bank of China, Martin Hutchinson, U.S. Treasuries, IMF, gold holds, money morning, India, Mumbai
The US$200-million divestment cost of the national carrier Air Jamaica could be one of the major factors causing the delay in concluding negotiations with the International Monetary Fund (IMF). The deadline to wrap up the IMF loan was originally slated...
Tags: IMF, Air Jamaica, Jamaica, Kingston, Karl Samuda, Bruce Golding, Jamaica Labour Party, Politics, Daryl Vaz, International Monetary Fund, International development, Credit, Moody's, Debt, Standard & Poor's, Credit rating agencies, International economics
A further reduction in tariffs was not on the negotiating table of the recently concluded IMF review in Dubai and the country�s tariffs need no adjustment, said Secretary Textile Dr Waqar Masood on Wednesday. �We have overdone trade liberalisation during...
Tags: Dr Waqar Masood, raw cotton, secretary textile, IMF, Pakistan, Islamabad, Crops, Yarn, Textiles, Cellulose, Cotton, Business Finance