Why China wants yuan to be the world’s 5th reserve currency

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Báo Thanh Niên English 4 day(s) ago

Why China wants yuan to be the world’s 5th reserve currency

China is a step closer to obtaining Special Drawing Rights status for its currency from the International Monetary Fund, a move that would see the yuan joining the greenback, euro, yen and British pound.

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Lagarde says IMF to co-operate with China-led AIIB bank

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VietnamNet English 4 day(s) ago

International Monetary Fund chief Christine Lagarde has said the IMF would be "delighted" to co-operate with the China-led Asian Infrastructure Investment Bank (AIIB).

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U.S. proposes cooperation between new China-led bank and Western institutions -WSJ

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Báo Thanh Niên English 4 day(s) ago

U.S. proposes cooperation between new China-led bank and Western institutions -WSJ

President Barack Obama's administration is proposing that a new Chinese-led development bank over which Washington has voiced concerns work collaboratively with Western development groups like the World Bank, The Wall Street Journal reported on Sunday.

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IMF approves new loan for Ukraine

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VietnamNet English 2 week(s) ago

The International Monetary Fund (IMF) approved a new loan program worth of 17.5 billion U.S. dollars for Ukraine, in a bid to help the eastern European country stabilize its economy, announced IMF Managing Director Christine Lagarde in Berlin on Wednesday.

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IMF seeks 'immediate' stabilization in latest Ukraine bailout

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Báo Thanh Niên English 2 week(s) ago 2 related news

IMF seeks 'immediate' stabilization in latest Ukraine bailout

The International Monetary Fund has agreed to pump $10 billion into Ukraine's troubled economy over the next year, providing swift assistance for the country's struggling finances as part of a larger four-year bailout.

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VN to join fastest-growing economies

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VietNam News English 1 month(s) ago

Viet Nam is set to become one of the fastest growing economies between now and 2050, according to latest reports on ‘The World in 2050', released by PricewaterhouseCoopers (PwC).

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Greek leaders head to Rome on Europe tour to urge debt deal

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VietNam News English 1 month(s) ago 2 related news

Greece's radical new leaders hope to win Rome's support at talks on Tuesday in their bid to renegotiate a massive 240-billion-euro (US$270 billion) bailout following encouraging remarks from Prime Minister Matteo Renzi who said Europe must abandon austerity.

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IMF's Lagarde warns African economies of headwinds from China, U.S

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Báo Thanh Niên English 2 month(s) ago

IMF's Lagarde warns African economies of headwinds from China, U.S

International Monetary Fund head Christine Lagarde has warned that African economies could be hurt by a slowdown in China's economy and an imminent hike in United States interest rates.

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Tsipras forged path to power on promise to keep Euro and end austerity

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Báo Thanh Niên English 2 month(s) ago 4 related news

Tsipras forged path to power on promise to keep Euro and end austerity

It was in the U.S. where Alexis Tsipras chose to step into Europe’s political mainstream.

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Deputy PM attends WEF Davos 2015

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Báo điện tử CP English 2 month(s) ago 1 related news

Deputy PM attends WEF Davos 2015

VGP – Deputy PM, FM Pham Binh Minh is leading a Vietnamese delegation to the World Economic Forum (WEF) in 2015 in Davos, Switzerland from January 21-24.

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IMF lowers global growth forecast by most in three years

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Báo Thanh Niên English 2 month(s) ago 1 related news

IMF lowers global growth forecast by most in three years

The IMF made the steepest cut to its global-growth outlook in three years, with diminished expectations almost everywhere except the U.S. more than offsetting the boost to expansion from lower oil prices.

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IMF downgrades global growth forecast

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VietnamNet English 2 month(s) ago 1 related news

IMF downgrades global growth forecast

The International Monetary Fund (IMF) has lowered its forecast for global economic growth for this year and next.

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IMF slashes 2015-2016 world growth forecast

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VietNam News English 2 month(s) ago 1 duplicate news 1 related news

The International Monetary Fund on Tuesday sharply cut its 2015-2016 world growth forecast of only six months ago, saying lower oil prices did not offset pervasive weaknesses around the globe.

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Malaysia’s foreign reserves reach 116 billion USD in 2014

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VietnamPlus English 2 month(s) ago

Malaysia’s central bank, Bank Negara, announced on January 8 that its international reserves amounted to 405.5 billion RM (116 billion USD) by the end of 2014.

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US budget leaves IMF reforms in doubt

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VietNam News English 3 month(s) ago

Crucial reforms of the International Monetary Fund were left hanging on Wednesday after the US Congress failed to endorse them in the final budget legislation of the year.

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