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BRICS to commit $100 billion to FX fundThe BRICS group of emerging economies will contribute $100 billion to a fighting fund to steady currency markets destabilised by an expected pullback of US monetary stimulus, Russian President Vladimir Putin said on Thursday. &nbs More… |
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Emerging nations ‘should have say on IMF head’Emerging economies should have a say on who should take the helm of the International Monetary Fund, but overhauling the global agency is more important than the succession issue, an adviser to the People's Bank of China said on Tuesday. X More… |
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Currency appreciation 'a challenge for emerging nations'Recent rating trends reflect faster growth, more resilient public finances, and less-leveraged financial systems in emerging nations than in richer countries, but all this comes at a price for the emerging markets, a new report said. More… |
