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  • NEW YORK/ LONDON June 30- The U.S. dollar's share of foreign exchange reserves rose for a fourth straight quarter, while the euro's hit a 13- year low, International Monetary Fund data showed on Tuesday. "This only goes to show that the dollar is still the world's reserve currency and will be for many, many years to come," said John Doyle, director of markets at Tempus...

  • BRUSSELS, June 30- There is "no way" euro zone finance ministers will release funds for Greece to meet a crucial payment to the International Monetary Fund due by midnight to avoid a default, a euro zone official said on Tuesday. Asked by Reuters whether ministers, due to hold an emergency conference call at 1700 GMT on Greece's request for an extension to its...

  • LONDON, June 30- Global foreign exchange reserves fell in the first quarter of 2015, extending a trend that started in third quarter of last year, and the euro's share hit a 13- year low as Asian central banks stepped up sales. Data from the International Monetary Fund showed global foreign exchange reserves fell to $11.433 trillion in the first quarter of 2015,...

  • IMF FORECASTS 2015 GHANA INFLATION AT 13-14 PCT VS PVS TARGET OF 12.5 PCT, SEES COUNTRY MEETING 2016 TARGET OF 8 PCT.

  • IMF HOLDS FORECAST FOR GHANA 2015 GDP GROWTH AT 3.5 PCT, SEES 2015 BUDGET DEFICIT AT 7.2 PCT VS PVS FORECAST OF 7.5 PCT.

  • WRAPUP 3-EU makes last-ditch bid to save Greek bailout Tuesday, 30 Jun 2015 | 8:57 AM ET

    *EU Commission calls on Athens to accept 11th hour offer. ATHENS, June 30- EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens. With billions of euros in locked-up bailout funds due to expire at midnight,...

  • June 30- Wall Street was set to open higher on Tuesday, a day after the Dow and the S&P 500 registered their worst session since October, as investors hoped Greece would strike a last-minute deal to avoid an exit from the euro zone. Greece is hours away from defaulting on a 1.6 billion euro repayment to the International Monetary Fund. U.S. corporations have limited...

  • LONDON, June 30- The euro fell on Tuesday on month-end flows and as investors braced for the near certainty that Greece will default on a repayment to the International Monetary Fund later in the day, putting the country at risk of an exit from the euro zone. The currency had hit a four-week low of $1.0955 on Monday in reaction to concerns on the future of Greece and...

  • LONDON, June 30- The euro fell on Tuesday on month-end flows and as investors braced for the near certainty that Greece will default on a repayment to the International Monetary Fund later in the day, putting the country at risk of an exit from the euro zone. The currency had hit a four-week low of $1.0955 struck on Monday in reaction to concerns on the future of...

  • TOKYO, June 30- The euro slipped on Tuesday as traders braced for the near certainty that Greece will default on a repayment to the International Monetary Fund later in the day, putting the country at risk of disruptive exit from the euro zone. The euro fell 0.4 percent to $1.1188, heading back to a four-week low of $1.0955 struck overnight in a knee-jerk reaction to...

  • SINGAPORE, June 30- Gold retained gains from a two-day rally on Tuesday, boosted by safe-haven bids as Greece heads close to a debt default, raising questions over its future in the euro zone and rattling global equities. *Greece is just hours away from defaulting on a 1.6 billion euro loan from the International Monetary Fund. The Athens stock exchange was closed...

  • FORMER IMF ECONOMIST KRUEGER SAYS PUERTO RICO HAS HIGH DEBT, UNSUSTAINABLE FISCAL POSITION, DECLINING POPULATION AND NO ECONOMIC GROWTH AND THIS "NEEDS TO BE ADDRESS AS A PACKAGE".

  • LONDON, June 29- Greece is almost certain to miss a 1.6 billion euro payment to the International Monetary Fund on Tuesday but it's touch-and-go whether it will have to leave the euro zone, a snap Reuters poll found. The poll of more than 70 economists and traders, taken on Monday after talks between Athens and its creditors broke down, concluded there was a median 90...

  • ACCRA, June 29- Ghana is likely to clear the first review of its $918 million programme with the International Monetary Fund and secure a fresh disbursement of funds aimed at stabilising its economy, sources close to the deal said on Monday. The $115 million due in August is vital to shore up Ghana's currency, which has fallen to record lows, and to convince...

  • US STOCKS-U.S. futures fall as Greek crisis worsens Monday, 29 Jun 2015 | 7:05 AM ET

    June 29- U.S. stock index futures fell around 1 percent on Monday as fears that Greece could be the first country to exit the euro zone intensified after bailout talks with lenders broke down over the weekend. *Greece faces defaulting on 1.6 billion euros of loans from the International Monetary Fund on Tuesday. *The impending default on IMF loans leaves Greece...

  • NEW YORK, June 29- A report by former International Monetary Fund staffers commissioned by Puerto Rico's government is proposing a tough economic adjustment plan for the indebted U.S. territory and its creditors. *Puerto Rico's debt service is unsustainable and it suggests that debt relief could take the form of a voluntary exchange of old bonds for new ones...

  • Euro falls broadly as Greek default looms Sunday, 28 Jun 2015 | 2:57 PM ET

    WELLINGTON, June 29- The euro fell broadly on Monday after Greece failed to strike a deal with its European lenders to secure more credit ahead of a looming deadline to repay a key International Monetary Fund loan, raising the risk that it may default and leave the euro zone. The euro fell nearly 2 U.S. cents to around $1.0985 in early Asia Pacific trade according to...

  • Following are news stories from the Bank for International Settlements' 85th annual report, in which the "central banks' central bank" warns of the financial and economic risks of keeping global interest rates too low. *Low rates fuel financial, growth instability: BIS. *Rising interest rates pose new risk for banks-BIS.

  • LONDON, June 28- Central banks with inflation targets are at growing risk of policy errors because they are struggling to adequately understand what drives inflation, the Bank for International Settlements said on Sunday. Federal Reserve, European Central Bank and Bank of England, have specific annual inflation goals over specific time horizons which they...

  • Athens asked for an extension of Greece's bailout programme beyond Tuesday, the day it must pay 1.6 billion euros to the International Monetary Fund or go bust. But the other 18 members of the euro zone unanimously rejected the request, freezing Greece out of further discussions with the European Central Bank and IMF on how to deal with the fallout from a...