Central Banks

IMF World Economic Outlook - Released 26 September

REPORT - The International Monetary Fund (IMF) has published its twice yearly World Economic Outlook. The World Economic Outlook presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups …

IMF warns on global economy

IMF REPORT - The International Monetary Fund has forecast a sharper slowdown in the world economy, following the terrorist attacks in the United States.

Europe faces economic slowdown

The International Monetary Fund (IMF) has warned that Europe will find it difficult to avoid a sharp economic slowdown, as it is hit by the tech sector collapse, weak consumer demand and the aftermath of the terrorist attacks in the USA.

Japan's slowdown to hit Asia

The International Monetary Fund (IMF) forecast a sombre short-term outlook for the Japanese economy, with significant implications for the rest of East Asia.

US economy in freefall

The US economy, which makes up one quarter of world economic output, is slowing sharply, and bringing down growth throughout the rest of the world.

Speech by Shri Vepa Kamesam Reserve Bank of India

SPEECH - Address delivered by Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India at the National Awards Presentation function for State Co-operative Agriculture & Rural Development Banks organized by National Co-operative Agriculture & Rural…

Pakistan on course for further IMF funds

PAKISTAN - The International Monetary Fund yesterday, Monday 24 September, said Pakistan was on track for a fresh lending package, but played down its size and denied it was connected to the campaign against terrorism.

Concerns over euro increasing, says poll

EUROPE - Readiness for the advent of euro notes and coins is increasing across the eurozone, but so are concerns about the new currency, according to a survey published by the European Commission yesterday Monday 24 September.

Pakistan's exchanges re-open

PAKISTAN - Pakistan's stock markets fell steeply when they resumed trading on Monday 24 September after being closed for a week.

ECB puts yen under pressure

EUROPE - The European Central Bank (ECB) has intervened in the foreign exchange markets, buying euros and selling yen, in an attempt to weaken the Japanese currency.

Plenderleith - UK able to weather econ uncertainty

UK - The U.K. is well placed to weather the current world economic slowdown because of its low inflation and the underlying competitive advantages of major economies, Bank of England executive director Ian Plenderleith said Thursday 20 September in a…

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