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Ukraine currency recovers after 46% interest rate hike

Last Updated: Tuesday, April 15, 2014, 17:39

Ukraine`s currency steadied today after heavy falls and after the crisis-hit country`s central bank unexpectedly raised the key interest rate by nearly 50 per cent to boost consumer confidence and stop spiralling inflation.

Beijing rejects IMF's hard-landing warning for China's economy

Last Updated: Sunday, April 13, 2014, 09:57

Chinese Vice Finance Minister Zhu Guangyao said China worked closely with the IMF but did not agree with all of its analysis.

G20 vows to boost global GDP by $2 trillion in next 5 years

Last Updated: Saturday, April 12, 2014, 22:25

G-20 members said they would ensure that their comprehensive growth strategies to be presented at the Brisbane Summit outline ambitious, realistic and concrete measures to achieve strong, sustainable and balanced growth.

India calls for data sharing on taxation

Last Updated: Saturday, April 12, 2014, 21:07

India on Saturday called for data sharing on taxation and blamed the industrialised and developed world for their reluctance on parting with this information.

India calls for clearly communicated monetary policies

Last Updated: Saturday, April 12, 2014, 20:49

The upcoming elections in several countries may affect the full impact of structural reforms this year, Mayaram said.

IMF, World Bank push for price on carbon

Last Updated: Saturday, April 12, 2014, 12:00

An IMF study last year found that energy subsidies around the world amounted to $1.9 trillion -- or eight percent of government revenues.

RBI chief Raghuram Rajan urges global crisis ''safety net''

Last Updated: Thursday, April 10, 2014, 21:19

Rajan, a former chief economist at the IMF, repeated his call for central banks to be mindful of the impact of their policies on other countries.

IMF, World Bank 2014 spring meetings in Washington

Last Updated: Thursday, April 10, 2014, 20:55

The following are highlights of the International Monetary Fund and World Bank meetings in Washington, where finance ministers, central bankers and other top officials are gathering this week.

Financial stability has improved in developed countries: IMF

Last Updated: Wednesday, April 09, 2014, 20:58

Financial stability has broadly improved in advanced countries and has deteriorated in emerging economies in the past six months, the International Monetary Fund said in its latest Global Financial Stability Report released Wednesday.

Greeks strike against more EU-IMF reforms

Last Updated: Wednesday, April 09, 2014, 19:42

Greek unions held a 24-hour anti-austerity strike Wednesday, shutting down ferry services to the country`s world-famous islands, disrupting rail travel and closing pharmacies and several government offices.

Global activity expected to improve further in 2014-15: IMF

Last Updated: Tuesday, April 08, 2014, 23:29

Buoyed by recovery in advanced economies, including the US, the International Monetary Fund today said global activity strengthened during the second half of 2013 and is expected to improve further in 2014-15.

China`s GDP growth to slow to 7.5% this year, 7.3% next: IMF

Last Updated: Tuesday, April 08, 2014, 23:25

The International Monetary Fund said Tuesday China`s economic growth would slow to 7.5 percent this year and 7.3 percent in 2015, avoiding a "hard landing" if the government addresses risks and undertakes reforms.