With the renminbi used for only around 2 per cent of international transactions and reserve holdings, it’s still far from supplanting the US dollar as the currency of choice and its use lags far behind what China’s 16 per cent share of the global economy would suggest.
The International Monetary Fund (IMF) said in a report on Friday that the yuan’s exchange rate was “broadly in line with medium-term fundamentals” and China’s central bank “has had little foreign exchange interventions in recent years”, a conclusion that clarifies China’s innocence from currency manipulation.
Global trade tensions are sapping the strength of the world economy: IMF warns.
Five of the IMF’s 11 leaders have been French nationals.
Lagarde announces she would step down “temporarily” from IMF to lead ECB.
What is now termed as BRI 2.0 can also benefit from increased transparency, open procurement with competitive bidding, and better risk assessment in project selection.
The Int’l Monetary Fund cuts its global growth forecasts for the 2nd time in 3 months.
Argentina’s shrinking economy will bottom out in the first three months of next year.
Italy’s new, populist government wants to increase borrowing over the next three years.
The World Bank has revised the country’s economic growth upward.
The IMF says Cambodia’s GDP will hover around 7.25% in the near term.
The International Monetary Fund warns of trade tariffs would harm global growth.
Vietnam and Cambodia have agreed to enhance their economic cooperation and intend to raise bilateral trade to $5 billion in the coming years.
Mongolia receives the fourth tranche of funding from the International Monetary Fund.
Cambodia officially launches the National Summary Data Page, a portal that publishes essential macroeconomic data.
The economy will grow at a rate of 6.9 percent in 2018, according to the latest report from the World Bank.
Cambodia economy will grow by 7% this year on the back of higher public spending.
Cambodia’s GDP growth will equal seven% in 2018 and 2019, official says.
Rising corporate profits are providing Chinese policymakers with room to do more to tackle the country’s growing debt problems.
The International Monetary Fund trims 2017 growth forecast citing slow expansion.
International Monetary Fund keeps growth forecasts for world economy unchanged.