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Nalezeno "imf": 757

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

28.4.2023
Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not be stopped,...

China Warns of Global Financial Instability From US Economic Policies

23.4.2023
China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry of Foreign Affairs. China...

IMF Says Sub-Saharan Africa Already Feeling Effects of the ‘Big Funding Squeeze’

18.4.2023
Countries from the Sub-Saharan Africa (SSA) region face a “big funding squeeze” which is forcing some of them to cut spending on health, education, and infrastructure. According to Abebe Aemro Selassie, people from the region are already “feeling the effects of the funding...

A recession is coming — Here’s how it’s fueling Bitcoin

14.4.2023
Cointelegraph analyst and writer Marcel Pechman explains how a potential looming recession might be causing Bitcoin’s price to rise

IMF to publish CBDC handbook in response to increasing demand for guidance

13.4.2023
The handbook will be descriptive and informational, while the IMF offers advice tailored to specific, prioritized countries

IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed

13.4.2023
When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (IMF) blog post has said. According to the authors of the blog post, the transition to a “cleaner economy in a budget-neutral way” could...

IMF Economist Warns of Side Effects From Sharp Monetary Policy Tightening — Says Financial Risks Have Increased

13.4.2023
The International Monetary Fund’s (IMF) economic counselor has warned of the side effects of sharp monetary tightening. Noting that “Inflation is much stickier than anticipated,” he stressed that “financial risks have risen.” IMF Economist’s Warning Pierre-Olivier Gourinchas...

G-7 Will Focus on Helping Developing Nations Introduce CBDCs

12.4.2023
The Group of Seven (G-7) advanced nations will prioritize considering how it can better help developing countries introduce their central bank digital currencies (CBDCs)

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

12.4.2023
India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.” She stressed: “We seek to develop a common...

IMF reiterates call for crypto regulation after the ecosystem's 'rough year'

11.4.2023
According to the IMF, regulations should include with “strict prudential requirements” for stablecoin issuers following the depegging of USD Coin and Dai

Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'

11.4.2023
FTX and collapses like Signature, Silvergate and Silicon Valley Bank show need for stronger consumer protection, governance norms, the International Monetary Fund said in its Global Financial Stability Report

Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador

7.4.2023
According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the government’s bitcoin wallet software is flagging and freezing...

Bitcoin derivatives favor further BTC price rally toward $30K

7.4.2023
Bitcoin's price might have held near $28,000 but the absence of shorts using margin and futures markers is a bullish indicator

Peru considering CBDC to improvement payment system: Former IMF adviser

5.4.2023
The Central Reserve Bank of Peru has released a report on the development of a central bank digital currency and promises more reports as its research continues

China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says

5.4.2023
An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S. dollar, to remain dependent on the greenback. Malaysia...

Malaysia enlists China to help end USD dependence for trade

5.4.2023
More proposals and currency concepts are emerging as Asia ramps up its efforts to distance itself from U.S. dollar hegemony

Report: Zambian Currency Poised for First Quarterly Decline Since 2020

4.4.2023
The Zambian kwacha, one of the best-performing currencies in 2022, is now expected to see its first quarterly decline in nearly two years. The Zambian leader Hakainde Hichilema claimed that stalled debt restructuring negotiations are adding to pressure against the local currency. Zambia’s...