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The International Monetary Fund on Thursday urged China to allow the yuan rise further to rebalance its vast economy, and called for freer use of the currency in global trade and commerce.

French Finance Minister Christine Lagarde, a leading contestant of the chief job post for Indian Monetary Fund (IMF) chief post,said on Thursday, that she was very satisfied with her meetings with top Chinese officials.

The wholesale market price of Gold Bullion continued to fall Wednesday morning, hitting $1533 per ounce - a 0.6% loss on the week - while stocks and commodities fell and US Treasuries rose following a speech on Tuesday by Federal Reserve chairman Ben Bernanke.

Lagarde, who is on a day's visit to India, met Indian Finance Minister Pranab Mukherjee, and reportedly received a positive response.

Finance Minister Pranab Mukherjee on Tuesday said that India is not supporting French Finance Minister Christine Lagarde's candidacy for the International Monetary Fund's top job.

President Barack Obama on Tuesday urged European countries and bondholders to prevent a disastrous default by Greece and pledged U.S. support to help tackle the country's debt crisis.

President Barack Obama on Tuesday urged euro zone countries and bondholders to make tough decisions to contain Greece's debt crisis while the International Monetary Fund said more work was needed for Athens to receive its next block of bailout aid.

Europe must take tough decisions before the IMF can release its next block of aid for Greece, the Fund warned on Tuesday, while ratings agencies and German banks cast doubt on whether private investors can be expected to help.

French Finance Minister Christine Lagarde said on Tuesday that Indian officials had positive views on her credentials as she contests for the head of the International Monetary Fund , and that she hoped to get a view on China's position later this week.

The IMF is open to delaying Greece's repayment of its international bailout deal but a major restructuring of its debt would create untold problems in the euro zone, an IMF official said on Tuesday.

Dominique Strauss-Kahn, the former head of the International Monetary Fund, plead not guilty in a 4 minute arraignment at Manhattan Supreme Court.

Tens of thousands of irate Greeks staged a huge rally in central Athens on Sunday to protest the government’s plan to deepen spending cuts and increase taxes even further to meet terms of its bailout from the European union and International Monetary Fund.

Former International Monetary Fund chief Dominique Strauss-Kahn will likely plead not guilty to charges of sexual assault during an arraignment in Manhattan today.

The International Monetary Fund agreed to a $3 billion financing deal with Egypt on Sunday and praised the policies of an interim government struggling to stabilize the economy after the popular uprising.

French Finance Minister Christine Lagarde is most likely to head International Monetary Fund (IMF), with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington, reported Reuters.

French Finance Minister Christine Lagarde will likely become the next head of the International Monetary Fund , with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington.

The spot market price of Gold Bullion jumped $10 per ounce to $1539 Friday lunchtime in London - recovering the last of this week's 1.1% drop - before slipping back as the US Dollar fell on surprisingly weak US jobs data.

A next tranche of international aid for Greece should be available in early July following further talks in the next few weeks on the government's economic program, the EU, ECB and IMF said on Friday.

There has been no sign yet of a joint candidate from the developing countries of Brazil, Russia, India, China and South Africa to head the International Monetary Fund, an Indian government source told Reuters on Friday.

Ukraine's government has damaged its credibility among investors by setting unrealistic growth targets and needs to resume talks with the IMF, the central bank said in a memo that exposed deep divisions between policymakers.

Senior euro zone officials have agreed in principle on a new three-year adjustment program for Greece to run until mid-2014 and involve increased external funding, a source close to the negotiations said on Thursday.

Greece agreed with its EU and IMF lenders to impose yet deeper austerity and speed up state selloffs in exchange for fresh funds to avert a debt default, a senior official said on Thursday.

The Greek government has agreed to reduce its budget deficit for this year by implementing a series of spending cuts amounting to 6.4-billion euros, according to an Athens official who spoke to Reuters.

Greece and a team of EU/IMF/ECB inspectors aims to conclude talks on a medium-term fiscal plan by Friday when Prime Minister George Papandreou is set to discuss its main points with Eurogroup chairman Jean-Claude Juncker, a senior government official told Reuters.

French Finance Minister Christine Lagarde has proposed visiting China in early June and will meet leading officials from the People's Bank of China, China's foreign ministry said on Thursday, a visit during which she would discuss her candidacy to head the International Monetary Fund.

French Finance Minister Christine Lagarde will visit China in early June and will meet leading officials from the People's Bank of China to discuss her candidacy to head the International Monetary Fund, China's foreign ministry said on Thursday.

Agustin Carstens, Mexico's central bank chief believes that he is better qualified than his main rival to run the International Monetary Fund owing to more experience and better knowledge of the institution that he has, he told Reuters in an interview on Wednesday.

Greece should complete talks by the end of the week with EU and IMF inspectors on a medium-term budget plan plus a vital next slice of international aid, sources close to the negotiations said on Wednesday.

Germany expects the European Union and the International Monetary Fund to remain involved jointly in any continued aid program for debt-laden Greece, a finance ministry spokesman said on Wednesday. The comments contradict an earlier report in the Frankfurter Allgemeine Zeitung newspaper which had said it appeared certain the IMF would not contribute its share of the next tranche of aid under Greec...