IMF credit is extended to its members in both currencies and SDRs. Credit extended in currencies is financed from the quota resources made available to the IMF by members, and essentially involves a ...
IMF, SDRs and more sabre rattling. The talk about the need for an alternative to the USD continues – or it doesn’t, depending on which Chinese official you speak to on the day ...
The IMF Executive Board reached consensus on reforms of charges, surcharges, and commitment fees that will substantially reduce the cost of borrowing from the General Resources Account (GRA) at a time ...
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