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IMF to Approve US$27.85 million Credit Facility for Guinea

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said it will support the Guinean economy growth with the second disbursement under the Extended Credit Facility (ECF) of SDR 18, 36 million (about US$27.85 million).   This is contained in Press Statement from the Fund and made available […]

GLOBAL MARKETS-Yen slumps on BOJ report, eyes on Italy vote

  * Yen hits fresh lows against dollar on BOJ report * Euro, Italian assets edge up ahead of election outcome * European shares extend recovery, up 0.2 pct * HSBC’s Chinese factory PMI falls in February The yen hit a 33-month low against the dollar on reports that a […]

Japan likely to nominate ADB’s Kuroda as Bank of Japan head: sources

Japan’s prime minister is likely to nominate an advocate of aggressive monetary policy easing – Asian Development Bank President Haruhiko Kuroda – as the next central bank governor to step up his fight to finally rid the country of deflation. Shinzo Abe won a big election victory in December promising […]