KTFA
Don961 » July 17th, 2019
The International Monetary Fund urges Morocco to proceed with the floating of the dirham
- 4 Hours Ago
On Tuesday, the International Monetary Fund (IMF) reiterated its call for Morocco to move forward to increase exchange rate flexibility, with the aim of enhancing the economy's resilience to external shocks and enhancing competitiveness.
In January 2018, Morocco expanded the dirham exchange rate against foreign currencies to 2.5 percent of the reference price, from 0.3 percent.
"The first phase of the transition to greater exchange rate flexibility has been successful, and the current conditions are still favorable for pursuing this reform for preventive purposes, as it will help the economy absorb potential external shocks and maintain its external competitiveness," the IMF said in a report on economic and financial developments in the country. "He said.
The authorities informed the International Monetary Fund that the next phase of the dirham flotation would be launched when economic conditions allowed.
The central bank has not intervened in the foreign exchange market since March 2018.
The IMF also called on the authorities "to continue financial consolidation to maintain debt sustainability while protecting priority investments and social spending over the medium term."
Reuters link
Samson » July 17th, 2019
Russia continues to dispose of US Treasuries
17th July, 2019
Russia's investments in US Treasury bills and bonds in May totaled about $ 12 billion, the lowest level of Russian investments in US debt instruments in nearly 12 years.
US Treasury data shows that Russia's investment in US bonds fell by more than $ 100 million to $ 12.024 billion. For the past two years, Russia has been cutting its investment in US government bonds, once a major investor in the bonds.
Last year, Moscow cut investment from $ 96.9 billion in January to $ 13.2 billion in December, cutting investments in 12 months by $ 81 billion. Despite the tidal trade war, China remains the largest holder of US Treasuries with an investment of $ 1.11 trillion in May.
Data show that Beijing is cutting its investment in these bonds for the fourth straight month. Japan, the second largest holder of US bonds, raised investments to $ 1.101 trillion, the highest in almost two years. LINK
Don961 » July 17th, 2019
{International Monetary Fund}: The global economy must avoid stagnation
Wednesday 17 July 2019
Capitals / agencies
The International Monetary Fund (IMF) said the global economy needs to avoid "self-harm" that could lead to a recession.
"It is time for the world to avoid a recession. That means dealing with trade and technological tensions through dialogue so that there is no self-harm, but also willingness to react if the economy slows," said David Lepton, acting IMF chief.
Concerns over global trade tensions have once again highlighted the way central banks could stimulate the economy.
In its latest forecast, the IMF estimates that the global economy will grow by 3.3 percent this year.
Lipton noted that in the event of a global recession (although the International Monetary Fund does not expect this), central banks and governments should be prepared to deal with monetary and fiscal policy Occasion.
"We have no expectations of a recession, but in the light of trade and technological tensions and financial markets, weaknesses are rising," he said.
On the performance of the US economy, Lipton said it is growing at a good pace, but it is not immune to external challenges that may affect its strength.
"The US economic growth has reduced the unemployment rate to 3.7 percent without causing inflation to accelerate," he said. link
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
Don961 » July 17th, 2019
The International Monetary Fund urges Morocco to proceed with the floating of the dirham
- 4 Hours Ago
On Tuesday, the International Monetary Fund (IMF) reiterated its call for Morocco to move forward to increase exchange rate flexibility, with the aim of enhancing the economy's resilience to external shocks and enhancing competitiveness.
In January 2018, Morocco expanded the dirham exchange rate against foreign currencies to 2.5 percent of the reference price, from 0.3 percent.
"The first phase of the transition to greater exchange rate flexibility has been successful, and the current conditions are still favorable for pursuing this reform for preventive purposes, as it will help the economy absorb potential external shocks and maintain its external competitiveness," the IMF said in a report on economic and financial developments in the country. "He said.
The authorities informed the International Monetary Fund that the next phase of the dirham flotation would be launched when economic conditions allowed.
The central bank has not intervened in the foreign exchange market since March 2018.
The IMF also called on the authorities "to continue financial consolidation to maintain debt sustainability while protecting priority investments and social spending over the medium term."
Reuters link
Samson » July 17th, 2019
Russia continues to dispose of US Treasuries
17th July, 2019
Russia's investments in US Treasury bills and bonds in May totaled about $ 12 billion, the lowest level of Russian investments in US debt instruments in nearly 12 years.
US Treasury data shows that Russia's investment in US bonds fell by more than $ 100 million to $ 12.024 billion. For the past two years, Russia has been cutting its investment in US government bonds, once a major investor in the bonds.
Last year, Moscow cut investment from $ 96.9 billion in January to $ 13.2 billion in December, cutting investments in 12 months by $ 81 billion. Despite the tidal trade war, China remains the largest holder of US Treasuries with an investment of $ 1.11 trillion in May.
Data show that Beijing is cutting its investment in these bonds for the fourth straight month. Japan, the second largest holder of US bonds, raised investments to $ 1.101 trillion, the highest in almost two years. LINK
Don961 » July 17th, 2019
{International Monetary Fund}: The global economy must avoid stagnation
Wednesday 17 July 2019
Capitals / agencies
The International Monetary Fund (IMF) said the global economy needs to avoid "self-harm" that could lead to a recession.
"It is time for the world to avoid a recession. That means dealing with trade and technological tensions through dialogue so that there is no self-harm, but also willingness to react if the economy slows," said David Lepton, acting IMF chief.
Concerns over global trade tensions have once again highlighted the way central banks could stimulate the economy.
In its latest forecast, the IMF estimates that the global economy will grow by 3.3 percent this year.
Lipton noted that in the event of a global recession (although the International Monetary Fund does not expect this), central banks and governments should be prepared to deal with monetary and fiscal policy Occasion.
"We have no expectations of a recession, but in the light of trade and technological tensions and financial markets, weaknesses are rising," he said.
On the performance of the US economy, Lipton said it is growing at a good pace, but it is not immune to external challenges that may affect its strength.
"The US economic growth has reduced the unemployment rate to 3.7 percent without causing inflation to accelerate," he said. link
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
0 Comments: