President John Mahama said there are no plans to extend Ghana’s current $3 billion Extended Credit Facility (ECF) with the ...
MUMBAI, Feb 27 (Reuters) - The International Monetary Fund retained its classification of India's "de facto" exchange rate regime as "stabilised" for the period of December 2022 to November 2024 ...
The amendment passed with 55 lawmakers approving the vote and two remaining opposed. While the IMF has yet to formally approve the loan, the international lender has required El Salvador to make ...
It will need to provide exceptional access, and even with debt relief it will not meet the test of "high probability of debt sustainability" required under IMF rules. Pragmatism will be needed.
El Salvador resumes Bitcoin purchases after a brief pause, acquiring seven BTC amid policy changes and market fluctuations.
The approach, which involves a daily recalibration of the exchange rate, is a step toward a freely floating currency. It builds on the crawling peg system introduced last year, allowing movement in th ...