Tag: IMF Lagarde

• Saturday, May 31st 2014 - 06:42 UTC

  IMF and Argentina/Paris Club deal: “we hope they continue that process”

  

  IMF managing director Christine Lagarde touring east Africa, on Friday cautiously welcomed steps taken by Argentina to settle a decade-old falling out with creditors, following a 9.7bn dollars five year repayment deal reached this week.

• Wednesday, January 29th 2014 - 20:31 UTC

  Lagarde admits volatility in global markets as strong economies tighten monetary policy

  

  Monetary policy tightening in advanced economies will cause volatility in international markets this year and impact the monetary situation of some emerging economies, IMF Managing Director Christine Lagarde cautioned on Wednesday.

• Monday, April 1st 2013 - 09:38 UTC

  IMF board of directors continues to support Christine Lagarde

  

  International Monetary Fund Managing Director Christine Lagarde, whose Paris apartment was searched by police March 20 in a case involving businessman Bernard Tapie, retains the backing of the board of directors, an IMF spokesman said.

• Sunday, November 4th 2012 - 06:24 UTC

  Argentina to blast ‘vulture funds’ at the G20 ministerial meeting in Mexico

  

  Argentine Economy Minister Hernán Lorenzino and Central Bank Governor Mercedes Marcó del Pont are leading the country’s delegation in the technical G20 meeting in Mexico, where they are expected to insist on the government’s criticisms against ‘vulture funds’ and credit rating agencies.

• Saturday, April 21st 2012 - 03:51 UTC

  Brazil will continue to intervene in support of industry and depressing its currency

  

  Brazilian Finance minister Guido Mantega said on Friday that IMF Managing Director Christine Lagarde makes a mistake in recommending emerging countries not to intervene in the money exchange markets to counter the strong devaluation of currencies from the rich countries.

• Sunday, April 15th 2012 - 16:03 UTC

  China allows wider flotation margin for the Yuan against the US dollar

  

  China will allow the Yuan to trade in a wider daily range against the US dollar from Monday, taking another major step to further liberalise its exchange rate regime and make its currency more market oriented.