Law Enforcement SDR

India’s foreign exchange reserves rose to more than $ 550 billion as a rare current account surplus and a steady stream of portfolio inflows prompted the central bank to add to the kitten. Forex reserves reached $ 555.1 billion in the week ended October 9, according to the Reserve Bank of India, compared to $ […]

Inertia is being built to inject funds after US Treasury Secretary Janet Yellen leaned in to support the campaign, turning the opposition to President Donald Trump last year. Her predecessor, Stephen Mnuchin, blocked the move in 2020, saying that as reserves are distributed to all 190 IMF members in proportion to their quota, about 70%

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Bloomberg Bloomberg | Quint is a multi-platform Indian company for business and financial news. We combine Bloomberg’s global leadership in business and financial news and data with Quintillion Media’s deep expertise in the Indian market and digital news delivery to provide high quality business news, insights and trends to India’s sophisticated audience. Customer support America+1

(Bloomberg) – The International Monetary Fund is preparing to give member states the largest injection of resources in its history, $ 650 billion, to increase global liquidity and help low-income developing countries cope with growing debt and Covid-19. The choice of vehicle – reserves known as special drawing rights – has drawn some criticism. US