The International Monetary Fund board on Thursday completed its first review of the $20 billion program with Argentina, ...

The IMF Executive Board completed the first review of Argentina’s 48-month Extended Fund Facility (EFF), enabling a disbursement of about US$2 billion.

Bangladesh Bank (BB) plans to intervene in the foreign exchange market to curb volatility in the exchange rate and rebuild the country's foreign exchange reserves.

Under such scenarios, a policy of flexible exchange rates can lead to substantial costs. Conversely, a policy of fixed exchange rates dampens these costs, and, at least in the short run, can be ...

Egypt is “serious” about applying a flexible foreign-exchange rate, a senior International Monetary Fund official told Arabic TV channel Asharq, as the Mideast’s most populous nation works ...

The IMF deal was struck in exchange for Egypt implementing a number of economic reforms, including a shift to a flexible exchange rate. The deal also allows for a further $14 billion in possible ...

Egypt's move to raise interest rates is a step in the right direction and a flexible exchange rate will help protect its economy from shocks at a time of tightening global financial conditions, an ...

Sri Lanka vowed to soon restore a flexible exchange-rate regime after unexpectedly raising its benchmark interest rate Friday as the troubled nation looks to secure a $2.9 billion International ...

At a weekend meeting, member nations of the Group of Seven -- comprised of the world's wealthiest industrial countries -- call for greater flexibility in foreign exchange rates. The G-7 says Japan ...