International Monetary Fund Stories
Euro strong vs dlr, yuan undervalued - IMF's Belka
The euro is on the strong side against the dollar and could strengthen more because of carry trades and speculative play on its possible further rise, IMF European head Marek Belka said on Wednesday.
Key risks in emerging Europe, M.East, Africa
Debt in Dubai and the interplay of politics and IMF deals in Ukraine, Romania and Latvia provide the main political risks to regional emerging markets in December, while in Nigeria presidential health will be in focus.
Half of banks' losses may be unknown: IMF chief
Half of the losses suffered by banks could still be hidden in their balance sheets, more so in Europe than in the United States, the International Monetary Fund's chief, Dominique Strauss-Kahn, was quoted as saying on Tuesday.
Economy in holding pattern - IMF chief
The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said on Monday, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months.
IMF chief says global economy in holding pattern
The global economy is in a holding pattern and vulnerable to more upheaval, and a lasting recovery will depend on policymakers taking the proper steps in coming months, the head of the IMF said on Monday.
U.S. dollar to be reserve currency for years: IMF
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.
UPDATE 3-IMF head eyes global currency change, presses on yuan
The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the IMF said on Tuesday.
IMF head eyes global currency change, presses on yuan
The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the IMF said on Tuesday.
IMF chief urges China to let yuan rise
A stronger yuan is part of the policy mix that Beijing needs to increase domestic consumption and help ease global imbalances, the head of the International Monetary Fund said on Monday.
ECB's Noyer: price stability should remain main goal
ECB governing council member Christian Noyer said on Monday that he didn't believe monetary policy played a central role in causing the global financial crisis, and that price stability should remain the main objective of central banks.
Stronger yuan needed for rebalancing: IMF chief
A stronger Chinese yuan is part of the reforms that Beijing needs to implement to increase domestic consumption and help ease global imbalances, the head of the International Monetary Fund said on Monday.
IMF chief says stronger yuan needed for rebalancing
A stronger Chinese yuan is part of the reforms that Beijing needs to implement to increase domestic consumption and help ease global imbalances, the head of the International Monetary Fund said on Monday.
IMF chief does not see double-dip U.S. recession
The head of the International Monetary Fund said on Friday the pace of the recovery in the U.S. economy remains sluggish but he does not believe there will be a double-dip recession.
IMF exploring insurance levy on banks
The International Monetary Fund is exploring the idea of making banks pay insurance fees to fund any future rescues in the sector, IMF managing director Dominique Strauss-Kahn said on Sunday.
China presses developed world on policy after G20
China on Saturday shrugged off international pressure to appreciate its currency, saying developed countries should focus on the quality of their own economic policy-making. Chinese Finance Minister Xie Xuren, speaking after finance ministers and central bank governors of the Group of 20 nations met in Scotland, said countries with global reserve currencies should work to maintain the currencies' value to avoid destabilising the world economy.
IMF warns G20 off cutting economic support too fast
The International Monetary Fund warned global financial leaders on Friday not to repeat the mistakes of the Great Depression and choke off emergency support for their economies too quickly.
G20 to stay the course on economic stimulus
The Group of 20 leading nations will agree this weekend it is too early to pull the plug on emergency support for the global economy and launch a new system of checks to help rebalance world growth and prevent future crises.
G20 finmins to pledge stimulus stays, look at growth
The Group of 20 leading nations will agree this weekend it is too early to pull the plug on emergency support for the global economy and launch a new system of checks to help rebalance world growth and prevent future crises.
Turkish protesters, police clash at IMF meeting
Turkish police fired tear gas and used water cannon for a second day to break up protests in Istanbul against the International Monetary Fund and World Bank on Wednesday.
HIGHLIGHTS-Comments from Hungarian PM Gordon Bajnai
The following are key comments from Hungarian Prime Minister Gordon Bajnai in an interview with Reuters on Wednesday.
United States calls for rigorous IMF surveillance
U.S. Treasury Secretary Timothy Geithner on Tuesday called on the International Monetary Fund to provide rigorous surveillance to spot new investment bubbles and keep country foreign exchange policies in line with goals to rebalance the global economy.
Geithner calls for rigorous IMF surveillance
U.S. Treasury Secretary Timothy Geithner on Tuesday called on the International Monetary Fund to provide rigorous surveillance to spot new investment bubbles and keep country foreign exchange policies in line with goals to rebalance the global economy.
Battle-tested IMF emerges with bigger global role
The International Monetary Fund is evolving into a central clearing house that will help manage the global economy, the head of the IMF's policy-steering committee said Monday as nations debated the lender's future role.
G30 advisory group calls for new IMF
The G30, a group of prominent bankers, policymakers and economists, called on Monday for sweeping reforms to the International Monetary Fund, warning that the impetus for change would wane as pain from the financial crisis fades.
HIGHLIGHTS-Comments from officials at G7, IMF meetings
The following are comments on Monday from finance officials in Istanbul for the Group of Seven, IMF and World Bank meetings.
IMF members make little headway on power shift
Global finance chiefs made little headway on Sunday in overcoming long-standing disagreements over how much power rich nations should cede to major developing countries at the International Monetary Fund.
Dispute over control clouds IMF expansion
Fierce disagreement over how much power rich nations should cede to developing countries clouded talks between global finance chiefs on expanding the role of the International Monetary Fund.
BRIC demand bigger share of IMF votes
The leading emerging BRIC nations maintain their demand for a 7 percent shift in voting power to developing countries at the International Monetary Fund, Brazil's Finance Minister Guido Mantega said on Saturday.
G7 presses for stronger yuan
The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.
G7 presses for stronger yuan, breaks no new ground
The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.