International Monetary Fund

India’s ‘embarrassment of riches’ gets IMF worried

asianage.com     Aug 30, 2008          

Paranjoy Guha Thakurta Who remembers July 1991? Dr Manmohan Singh certainly. As Union finance minister, he devalued the Indian currency by close to 30 per cent that month, from roughly Rs 17 for $1 to Rs 22 per dollar....                    

Candidates spare voters the true financial picture

nwsource.com     Aug 30, 2008          

The U.S. is facing the worst financial crisis since the Depression. You would never know that from the Democrats' platform or its Republican counterpart, or from listening to Barack Obama or John McCain. It says nothing...                    

Forex reserves surge $1.08 bn to $297.3 bn

expressindia.com     Aug 30, 2008          

Banking Bureau Posted online: Saturday , August 30, 2008 at 02:36 hrs Updated On: Saturday , August 30, 2008 at 02:36 hrs Forex reserves climbed $1.08 billion to $297.3 billion for the week ended August 15, the Reserve...                    

Bank Asya keeps a finger on pulse of economy

todayszaman.com     Aug 28, 2008          

Parallel to the growth in the Islamic finance industry worldwide, Turkish participation banks, formerly called special finance houses, have also been expanding and attracting new customers, with Bank Asya having emerged...                    

Citibank urges Pakistan to seek IMF help to avoid default

earthtimes.org     Aug 28, 2008   1 related          

Karachi - US-based Citibank has advised Pakistan to secure help from the International Monetary Fund (IMF) to avoid default on its foreign debt repayments in the face of an ongoing political crisis. The report, Pakistan:...                    

ECONOMY-ARGENTINA: Paying the IMF - and Ignoring Its Advice

ipsnews.net     Aug 28, 2008          

BUENOS AIRES, Aug 9 (IPS) - Over the past year, the Argentine government has threatened several times to default on its payments to the International Monetary Fund. But on Monday it announced that it would keep up its...                    

IMF vindicates Saudi dollar peg

ameinfo.com     Aug 28, 2008          

Saudi Arabia's economy has almost doubled since 2002 with nominal gross domestic product projected to approach $500m this year. All of the GCC states, except Kuwait, have their currencies linked to the value of the US...                    

Now a Very Realistic Possibility

istockanalyst.com     Aug 27, 2008   32 related          

Slowly but surely, a growing number of people -- except equity investors and Wall Street "strategists," many of whom appear to lack the brainpower necessary to figure such things out -- are coming around to the idea that...                    

Financial Crisis Is Absent From Agendas of Parties, Candidates (Bloomberg)

yahoo.com     Aug 27, 2008          

Bloomberg - Aug. 27 (Bloomberg) -- The U.S. is facing the worst financial crisis since the Depression. You would never know that from the Democrats' platform in Denver or its Republican counterpart, or from listening to...                    

IMF cuts back forecast for world economic growth to 3.7%

menafn.com     Aug 26, 2008   8 related          

A Group of 20 (G20) finance official said recently that the International Monetary Fund (IMF) has cut back its forecast for the world economic growth this year to 3.9 percent, down from 4.1 percent in its World Economic...