The International Monetary Fund trimmed its forecasts for global output on Tuesday for the sixth time since early last year, saying stronger growth in most advanced economies would fail to make up for a more sluggish expansion in the developing world. Prospects for emerging markets, long the engine of the […]
Tag: Advanced Economies
Managing the New Transitions in the Global Economy
An Address by Christine Lagarde Managing Director, International Monetary Fund George Washington University, Washington DC, October 3, 2013 As prepared for delivery Good morning. It is a real privilege to visit one of our closest neighbors. Let me thank President Knapp for graciously hosting me, as well as Gordon Gebert […]
World Total FOREX Holdings Hits 10.9 Trillion from 1995 to 2012
Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-World Total Foreign Exchange Holdings has hit N10.9 trillion from 1995 to 2012 according to data obtained from the International Monetary Fund (IMF) Statistics Department Currency Composition of Official Foreign Exchange Reserves (COFER) and International Financial Statistics (IFS). According to the IMF, the statistics last updated […]
