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Pakistan on course for further IMF funds

PAKISTAN - The International Monetary Fund yesterday, Monday 24 September, said Pakistan was on track for a fresh lending package, but played down its size and denied it was connected to the campaign against terrorism.

Speech by Shri Vepa Kamesam Reserve Bank of India

SPEECH - Address delivered by Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India at the National Awards Presentation function for State Co-operative Agriculture & Rural Development Banks organized by National Co-operative Agriculture & Rural…

RBNZ reminder re economic sanctions

NEWS RELEASE - The Reserve Bank has written to banks and financial institutions reminding them of their obligations in regard to United Nations sanctions that apply in New Zealand.

IMF sees no global recession in 2001 or 2002

US - International Monetary Fund First Deputy Managing Director Anne Krueger said Monday 24 September she does not see a global recession in either 2001 or 2002 despite increased economic uncertainty following the 11 September attacks on the United…

Afghanistan currency strengthens

AFGHANISTAN - Money changers in Kabul have reported that the national currency of Afghanistan has strengthened, after losing 10% of its value in the initial aftermath of the attacks on America.

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