External Sector Report News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The fourth Financial Management Group (FWG) meeting, held under India's G20 presidency, discussed supply chain resilience and its macroeconomic implications. Delegates engaged in extensive discussions on the challenges and opportunities of ensuring supply chain resilience in a global economy. The meeting also focused on the role of international cooperation in addressing external imbalances and associated risks.

Serio Massa fine-tunes negotiations with the head of the IMF. Two other officials travelled to Washington for the fine print. Key backing from US, Germany and China.

Argentina's Central Bank (BCRA) Wednesday sold US$ 130 million and 288 million yuan (around US$ 40 million) in a desperate move to keep the “blue” (a euphemism for “black market”) quotation from soaring any further after reaching AR$ 527 / US$ 1.

According to the IMF's assessment, a 10 percent dollar appreciation is associated with a decline in global current account balances by 0.4 percent of world GDP after one year.

Emerging market economies bore the brunt of the strongest U.S. dollar in two decades in 2022, a rise that battered them with capital outflows, higher import prices and tighter financial conditions, the International Monetary Fund said on Wednesday. The IMF said new research in its annual External Sector Report shows that the dollar's surge last year had a bigger impact on emerging markets than on smaller advanced economies, partly due to the latter group's more flexible exchange rates. For every 10% of U.S. dollar appreciation linked to global financial market forces, emerging mark...