Posts Tagged ‘Monetary’

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Egypt backs Lagarde for IMF top job

CAIRO: Foreign Minister Nabil al-Arabi on Sunday announced Egypt’s support for French Finance Minister Christine Lagarde’s bid to head the International Monetary Fund. View full post on Business Stories

IMF chief backs bigger role for China’s yuan

WASHINGTON: International Monetary Fund chief Dominique Strauss-Kahn on Thursday proposed expanding the IMF’s basket of currencies to include China’s yuan, in a move he said would promote monetary stability. View full post on Business Stories

Emerging Nations Gain in G-20 Deal

Finance officials of the world’s leading industrial powers agreed to reshape the International Monetary Fund to give fast-growing countries like Brazil, China and Turkey a bigger stake. View full post on Business Stories