International Monetary Fund
Dubai, Oct 27 (AP) Oil-rich Gulf countries face further economic strain as crude prices remain low, requiring them to cut back spending and raise money other ways, the heads of the International Monetary Fund and the US Treasury have said in recent visits to the region.
3.26 PM Oct 27th
of EU sanctions earlier this year. The Saudi and Iranian economies depend heavily on oil but in a post-sanctions environment, Iran is suffering less pressure from the halving in crude prices since 2014 and its economy could expand by almost 4 percent this year, according to the International Monetary
9.06 PM Sep 28th
, which are the largest foreign exchange in the world, fell to USD 3.185 trillion in August from USD 3.201 trillion in July, the People's Bank of China (PBOC) said. If denominated in Special Drawing Rights, reserve assets of the International Monetary Fund, reserves fell to USD 2.284 trillion, state
7.38 PM Sep 7th
The recent slowdown may signal buyers’ fatigue, especially for countries with fewer exports. Through April, global trade in general has fallen to the lowest since 2010, according to the International Monetary Fund, while currency reserves are down almost 8 percent from a peak two years ago, data
5.57 PM Aug 30th
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