LONDON, Feb 12 (Reuters) - Group of Seven finance ministers are expected on Friday to back a new allocation of the International Monetary Fund's own currency, or Special Drawing Rights, to help ...

March 24 (Reuters) - Large emerging economic powers are pushing for an overhaul of the global monetary system to dislodge the dollar as the dominant reserve currency. China said on Monday the Special ...

Ghana recently received US$365 million from the International Monetary Fund (IMF) as the fifth tranche of an IMF bailout package signed in 2022. This is expected to increase the country’s indebtedness ...

The International Monetary Fund (IMF) is expected to complete the process of a new allocation of Special Drawing Rights (SDRs) by the end of August, spokesman Gerry Rice said. The IMF executive board ...

IMF credit is extended to its members in both currencies and SDRs. Credit extended in currencies is financed from the quota resources made available to the IMF by members, and essentially involves a ...

IMF, SDRs and more sabre rattling. The talk about the need for an alternative to the USD continues – or it doesn’t, depending on which Chinese official you speak to on the day ...

Late Monday night the IMF announced the results of its five-yearly review of the composition and weightings of Special Drawing Rights. The surprise – or not – is that very little will change from ...

(1) The value of the U.S. dollar in terms of the SDR is the recip rocal of the sum of the dollar values, based on market exchange rates, of specified quant ities of the first four currencies shown.

New Delhi: Whenever the discussion arises regarding the International Monetary Fund (IMF) and Pakistan, a distinct perception is formed. The perception is that Pakistan is the most economically ...