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International Monetary Fund (IMF)

IMF sticks with $1 trillion write-down estimate

The International Monetary Fund (IMF) said on Monday it was standing by its estimate that subprime write-downs would end up totalling something close to $1 trillion despite research by the Bank of England suggesting that losses would be a lot lower.

Dollar depreciation reflects value: IMF's Lipsky

The dollar is now the closest to its medium-term equilibrium value it has been in a decade and is set to remain the global reserve currency, said John Lipsky, the first deputy managing director of the International Monetary Fund.

IMF to probe oil-price surge

The International Monetary Fund (IMF) responded to the G8's request for an investigation into the recent rise in oil prices, saying that it will carry out the work.

Internal audit pans IMF governance

The Independent Evaluation office (IEO), the internal audit unit of the International Monetary Fund (IMF) has published a strongly critical report on the Fund's governance and called for "major changes".

Fund confirms Blanchard appointment

Amidst the departure of several high-ranking staff, the International Monetary Fund has announced the appointment of Olivier Blanchard, the highly respected professor from the Massachusetts Institute of Technology (MIT), as its new chief economist and…

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