By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Global lender, the International Monetary Fund (IMF) said on Friday it will separately identify the renminbi (RMB) in its official foreign exchange reserves database starting October 1, 2016. “The change will be reflected in the survey for the fourth quarter of 2016 that will be […]
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IMF Discusses Principles for Evenhanded Fund Surveillance, New Mechanism for Reporting Concerns
March 4, 2016/IMF On February 22, 2016, the Executive Board of the International Monetary Fund (IMF) agreed to move forward with a framework to help ensure the evenhandedness of Fund surveillance. The framework responds to recommendations from the 2014 Triennial Surveillance Review (TSR) and, as outlined in a staff paper […]
NSE ASI Rises 6.57% W-o-W on Bargain Hunting
By InvestAdvocate Lagos (INVESTADVOCATE)-The bulls on Friday overcame the bears on the Nigerian Stock Exchange (NSE) as key market indicators, the all-share index (ASI) advanced by 6.57 percent Week-on-Week (W-o-W) to close at 25,820.10 basis points, while market capitalisation rose 6.55 percent to N8.33 trillion. “Similarly, all other Indices finished […]
