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Amid growing political uncertainty in Pakistan, IMF expresses concern over its financial stability

The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-…

ANI   


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4 mins read

Pak, IMF commence negotiations for release of $710 million second tranche of $3 billion loan

Porter "appreciated the government's commitment" to meeting the first-quarter targets, the Mini…

PTI   


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2 mins read

Huge growth in an 'opaque' corner of global finance could be a risk to broader market stability, IMF warns

"The migration of this lending from regulated banks and more transparent public markets to the more…

Filip De Mott   


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2 mins read

US commercial real estate is suffering one of the steepest price declines in at least half a century, IMF warns

US commercial real estate is undergoing a striking level of price decline, the International Moneta…

Filip De Mott   


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1 min read

Argentina plans to repay some yuan borrowings from Chinese currency swap using IMF bailout money

Argentina is expected to pay the equivalent of $1.7 billion to China's central bank as soon as this…

Filip De Mott   


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1 min read

Pakistani rupee sees highest one-day fall in 20 years

The foreign exchange companies had removed a cap on the Pakistani rupee-dollar exchange rate. This …

ANI   


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India in best position to be a bridge between debt-ridden developing countries and G20, says SL President

Sri Lankan President Ranil Wickremesinghe stressed that India was in the best

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Pakistani rupee hits a new low, slides to 227.88 a dollar

The fresh drop came after the government failed to make any headway in its talks with the Internati…

ANI   


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The IMF's boss has called for vigilance as risks to financial stability rise after bank turmoil

IMF chief Kristalina Georgieva has warned of another tough year ahead for the world economy, amid i…

Zinya Salfiti   


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Pakistan's default risk soars amid political turmoil says a Dawn news report

Pakistans default risk as measured by five-year credit-default swaps (CDS), insurance contracts tha…

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IMF praises RBI for tightening the monetary policy to curb inflation

"The RBI has appropriately been tightening to fight inflation as the inflation is above target, …

PTI   


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4 mins read

CBDC trial a landmark moment in the history of money: Shaktikanta Das

Reserve Bank of India governor Shaktikanta Das today announced that retail central bank digital cur…

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3 mins read

Argentines in shock as the government returns to the IMF for an emergency $30 billion loan

Argentines are still traumatized by the crisis which coincided with austerity measures imposed by t…

Michael Selby-Green,Michael S…   


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Europe risks losing 15 million jobs if new economic support isn't approved, IMF says

A mix of public- and private-sector support totaling 2% to 3% of GDP would best counteract the equi…

Ben Winck   


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The IMF just became the latest to warn about the $1.3 trillion 'leveraged loan' market

While default rates have remained low, the recovery of investor capital from the companies that do …

Sam Jacobs   


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3 mins read

A prolonged COVID-19 pandemic could lead to a sharp correction in the stock market, IMF warns

"If the economic recovery is delayed, there is a risk of a sharp adjustment in asset prices or peri…

Matthew Fox   


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Argentina looks set to get a $50 billion bailout - the biggest loan in the IMF's history

Investors have been pulling cash out of the country, and the Argentine peso has fallen more than 36…

Gina Heeb   


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1 min read

IMF should offer faster liquidity support to troubled countries, says Raghuram Rajan

IMF is the global multilateral institution which guards global monetary stability, helping countrie…

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2 mins read

Banks may not be profitable until 2025 even as major economies recover, new IMF report says

The tools banks used to boost earnings are losing their effectiveness, the IMF said, which could pr…

Ben Winck   


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1 min read

The IMF Just Approved A Massive Loan To Ukraine

"Today's final approval for the $17 billion IMF program marks a crucial milestone for Ukraine. The …

Brett LoGiurato