SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandate ...

LONDON/BUENOS AIRES, June 29 (Reuters) - Argentina, battling a scarcity of dollars, will make payments worth some $2.7 billion to the International Monetary Fund (IMF) this week using its holdings of ...

This is a joint post by Brad Setser and Stephen Paduano, the executive director of the LSE Economic Diplomacy Commission and a PhD candidate at the London School of Economics. These agenda ...

LONDON, March 19 (Reuters) - The global economy should move toward a multi-currency reserve system from one dependent solely on the dollar and there should be greater use of the IMF and its unit of ...

A report in the Moscow Times that the Kremlin was poised to ask the G20 meeting in London on April 2 to consider creating a supranational reserve currency was met with widespread mirth in the FX ...

The Special Drawing Right (SDR) is an international reserve asset created by the IMF in 1969 to supplement other reserve assets of member countries. Under its Articles of Agreement, the IMF may ...

LONDON, Oct 26 (Reuters) - Including the Chinese yuan in the International Monetary Fund's benchmark currency basket would give it an official seal of approval, eventually leading to global demand ...