International Monetary Fund

Banks held back by loss worries

Concerns over growing loan losses plagued banks this week as institutions with exposure to Europe’s developing economies were told they may have been too slow in recognising possible losses. Both the International Monetary Fund...

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Polish economy seen growing by 2-3 pct in 2010-IMF

WARSAW, Nov 20 (Reuters) - The International Monetary Fund sees Poland's economy growing by two to three percent next year, the Fund's regional representative said on Friday. "It is obvious that Poland needs to reduce the...

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Presidential poll in Romania could solve crisis

Romania will hold a closely-fought presidential election on Sunday that could put an end to a government crisis delaying aid from the International Monetary Fund (IMF) and revive momentum for political and economic reforms.

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UPDATE 1-Kenya 2009 growth to be 3 pct - cbank governor

By Carolyn Cohn LONDON, Nov 20 (Reuters) - Kenya's GDP growth is likely to be 3 percent in 2009, Kenya's central bank governor said on Friday, and the country plans to launch a sovereign bond in 2010. The east African country...

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Ireland would need IMF if cuts fail -ruling party

DUBLIN, Nov 20 (Reuters) - Ireland may eventually have to resort to help from the International Monetary Fund (IMF) unless it manages to curtail spending, a lawmaker from the main governing party Fianna Fail said on Friday....

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Morocco's economic outlook improving in 2010 - IMF

WASHINGTON, Nov 20 (Reuters) - Morocco's economic outlook is expected to improve in 2010, although the pace of recovery is somewhat dependent upon the strength of economy of the euro zone, its top trading partner, the IMF said...

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‘SDR a popular alternative to dollar’

It is linked to a weighted basket of four major currencies — Photo: V. Ganesan C.T. Kurien, chairman of the Malcolm and Elizabeth Adiseshiah Trust, presents the Malcolm Adiseshiah Award 2009 to Professor C.P. Chandrasekhar...

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IMF urges vigilance despite expected global economic recovery

Withdrawing stimulus packages too soon could cause second bust Saturday, November 21, 2009 Listen to the Article - Powered by DUBAI: The global economy is heading toward a sustained recovery but given the risks of another...

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Q+A-S.Lanka's top general signals bid for presidency

Source: Reuters By Shihar Aneez COLOMBO, Nov 20 (Reuters) - Sarath Fonseka, who quit as Sri Lanka's top general after the end of a 25-year war, has said he plans now to fight for democracy and human rights, ...

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Forex reserves up at $286 bn despite weak greenback

The country's foreign exchange reserves rose by $962 million to $286.4 billion for the week ended November 13, 2009 despite dollar weakening nternationally, the Reserve Bank of India said in its weekly statistical supplement...

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