• Wednesday
  • September 3, 2014
  • Last updated: 12:03pm
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 18 for imf

Search results

  1. IMF takes a softer line on yuan

    Posted Jul 26th 2012, 12:00am

    ... by an estimated 3 per cent to 23 per cent against a basket of currencies, depending on the methodology used. The latest assessment echoes statements made by a senior IMF official in Beijing in early June indicating the fund was taking a softer line. Markus Rodlauer, head of the IMF China team, explained the new position by saying that 'numbers tend to get a life of their own'. He said ...

  2. Forget Europe, here's what G20 should be talking about

    Posted Jun 12th 2012, 12:00am

    ... the supervisory powers of the International Monetary Fund, creating a sort of global economic policeman. At the moment, the IMF's surveillance role is limited. The fund's staff do perform ... But Carillo wants to go further. He wants the IMF to be given teeth to punish governments whose policies threaten to destabilise the international economy. 'There needs to be some disciplinary ...

  3. China signals denial of W.T.O. talks on yuan

    Posted Nov 18th 2011, 12:00am

    ... Fund (IMF) oversaw exchange-rate issues. 'Work division in international organisations must be co-operative but clarified,' Yu told a briefing in Beijing yesterday. Media reports ...

  4. Europe goes cap in hand

    Posted Nov 03rd 2011, 12:00am

    ... such as the International Monetary Fund (IMF), the geopolitical importance of China and other emerging economies is clearly on the rise on the global stage. 'If we think about whether the BRICs [Brazil, ... said. 'Some countries believe that some global problems cannot be tackled without the participation of China.' When the IMF had to look for a new leader after former managing director ...

  5. G20 nations in wonderland

    Posted Sep 27th 2011, 12:00am

    ... to the wonderland of sunshine, high growth and prosperity for all the world ever after. The G20, just like the key IMF committee afterwards, vows to take 'all necessary action' and commits ... five days- at the G20, the G7, the IMF and World Bank- were given to finger-pointing and claims that someone else must do something urgently. China demanded the developed countries clean up ...

  6. Baptism of fire for IMF chief Lagarde

    Posted Jul 01st 2011, 12:00am

    ... conflicting interests between member governments in the resolution of the euro-zone debt crisis and emerging nations' expectations of a bigger say in the IMF's affairs. Lagarde rose ... put self-interest ahead of solidarity. There is interest, therefore, in what Lagarde may have offered them, since she has not been specific about more representation on the IMF for developing ...

  7. BRICS building plan that's short of mortar

    Posted Apr 19th 2011, 12:00am

    ... Dominique Strauss-Kahn, the managing director of the IMF, pointed out that the yuan had ticked all of the boxes for inclusion in the basket of currencies that comprise the SDR, except one: ... is not a currency. It is a unit of account between the IMF and its 187 member countries and it cannot be used for international payments, even between IMF members. China's obfuscation may have been ...

  8. Facing up to the crisis in fiat money

    Posted Apr 16th 2011, 12:00am

    ... Monetary Fund through the exchange of national currencies. As the dominant IMF shareholder, the US could reject the issuance of SDRs, thus ensuring the US dollar remains the dominant reserve currency. There is common confusion that the SDR can eventually become a reserve currency to replace the US dollar. It is a unit of account between the IMF and its member countries, but it cannot ...

  9. Intervention not the answer for Japan

    Posted Sep 21st 2010, 12:00am by Kevin Rafferty

    ... of GDP, according to IMF estimates. Having noted this, I have some sympathy with Kan. The yen in the 85-90 range against the dollar reflects economic fundamentals. The July version ...

  10. IMF backs call for new global reserve

    Posted Aug 10th 2010, 12:00am by Kevin Rafferty

    ... close to 85 against the greenback. Unfortunately, the IMF experts see their report as only the first baby-step towards the creation of an actual workable global currency to take the place of the dollar. Closer examination also reveals that Zhou may be right for all the wrong reasons. Reliance on the dollar is one intractable issue, but the IMF report makes it plain that the rapid rise ...




SCMP.com Account