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  • WASHINGTON, March 26- The International Monetary Fund has not decided whether Russia's $3 billion holding of Ukrainian debt should be classified as "official" debt, an IMF spokesman said on Thursday, taking back an earlier statement. Ukraine, which recently received a $17.5 billion bailout from the International Monetary Fund, must come up with at least $15.3...

  • VICTORIA, March 26- The Seychelles' economy is seen growing by 3.5 percent this year from an estimated 3.3 percent in 2014, helped by a recovery in tourism, the International Monetary Fund said on Thursday. "Although the weak euro is putting some pressure on yields, tourism arrivals are rising moderately, and growth is projected at 3.5 percent, higher than...

  • WASHINGTON, March 26- Russia's $3 billion holding of Ukrainian debt should be classified as' official' debt, an IMF spokesman said on Thursday, weighing in on what has become a contentious issue in Kiev's economic situation. But Russia, which holds a $3 billion Eurobond from Ukraine, has so far refused to participate in the restructuring. Russia, which Western...

  • IMF says postpones Yemen loan program for now Thursday, 26 Mar 2015 | 10:43 AM ET

    WASHINGTON, March 26- The International Monetary Fund on Thursday said it was postponing its next review of its $553 million loan program to Yemen given the uncertain situation in the country. "Given a host of uncertainties surrounding Yemen at the moment, the first review of the Fund-supported program is postponed until the situation clarifies."

  • NAIROBI, March 26- Kenya's shilling is overvalued by about 5 to 10 percent to the dollar but demand for imports and other market pressures are likely to weaken it gradually so no policy change is required, the IMF said. "We did an assessment a few months ago and we found there was an excess of valuation around 5 and 10 percent at that time," said Armando Morales, the...

  • KENYA'S SHILLING OVERVALUED BY 5 TO 10 PCT VS DOLLAR- IMF COUNTRY REPRESENTATIVE.

  • KENYA NEED NOT CHANGE EXCHANGE RATE POLICY AS SHILLING LIKELY TO ADJUST OVER TIME- IMF REP.

  • Russia says to restructure loans to Belarus Thursday, 26 Mar 2015 | 6:39 AM ET

    MOSCOW, March 26- Russia said on Thursday it would restructure some of its loans to Belarus, whose economy has been hurt by a weaker Russian rouble. The former Soviet republic has a record $4 billion in debt payments this year, mostly to Russia and the International Monetary Fund. Belarus has also asked the International Monetary Fund for a financial package, in...

  • HONG KONG, March 26- China sent a strong message to the International Monetary Fund this week urging that the yuan be included in its special drawing rights basket, with top officials promising further reforms and striving for full convertibility this year. The yuan's possible inclusion in the basket, an international reserve asset, will greatly enhance...

  • LONDON, March 24- Ukraine is trying to persuade bondholders to restructure debt to allow it to plug a $15.3 billion funding gap in a $40 billion bailout package led by the International Monetary Fund. Ukraine 23- Sep-15 6.875 USD 500 Ukraine 13- Oct-15 4.950 EUR 680 Ukraine 20- Dec-15 5.000 USD 3000 Ukraine 17- Jun-16 6.250 USD 1250 Ukraine 21- Nov-16 6.580 USD...

  • BEIJING/ LONDON, March 24- Britain weighed in on Tuesday to the debate on anointing the yuan as a major reserve currency, saying the issue was "very live" after Beijing asked the IMF to include the currency in its Special Drawing Rights basket. "China will speed up the basic convertibility of yuan on the capital account and provide more facility for domestic...

  • BEIJING, March 24- Chinese Premier Li Keqiang has asked the head of the International Monetary Fund to include China's yuan currency in its special drawing rights basket, state news agency Xinhua said. "China will speed up the basic convertibility of yuan on the capital account and provide more facility for domestic individual cross-border investment and...

  • BEIJING, March 22- China received critical support from the International Monetary Forum and Asian Development Bank on Sunday for its goal of establishing a new Chinese-led multilateral lender, adding to a growing wave of endorsements that has worried the United States. Leaders of the IMF and ADB, speaking at a conference in Beijing, said they were in talks with...

  • BEIJING— International Monetary Fund chief Christine Lagarde said Sunday that China's economic slowdown is legitimate and that Beijing can contribute to global prosperity. Speaking at the opening of the China Development Forum in Beijing, Lagarde praised Beijing for its work to build a legal system and address pollution. She said she welcomed Beijing's...

  • ATHENS, March 21- Greece's parliament on Saturday approved a bill that offers hefty cuts in fines and long repayment plans to citizens owing billions of euros in overdue taxes in a bid to boost depleted state coffers. Greece is due to receive 7.2 billion euros in remaining European Union/International Monetary Fund bailout funds if it delivers on its reforms.

  • ACCRA, March 20- Moody's Investors Service downgraded Ghana's sovereign rating and put the country on a negative outlook to reflect an increasing debt burden, large fiscal imbalances and a sharp weakening of the cedi currency. The downgrade from by one notch to B3 from B2 comes despite an agreement with the International Monetary Fund in February for a...

  • Rebuilding Ukraine from scratch   Friday, 20 Mar 2015 | 6:20 AM ET
    Rebuilding Ukraine from scratch

    CNBC's Michelle Caruso-Cabrera talks with Ukraine Finance Minister Natalie Jaresko, about obtaining IMF financing while Russia remains the country's largest creditor. Also Jaresko talks about dealing with Vladimir Putin.

  • BRUSSELS, March 19- Greece has enough cash to repay a last loan instalment to the International Monetary Fund on schedule on Friday, a government official said in Brussels, where Prime Minister Alexis Tsipras was attending an EU summit. We have the money to pay the IMF on Friday, "the official told Reuters after Deputy Prime Minister Yannis Dragasakis said on a TV...

  • WASHINGTON, March 19- In eight International Monetary Fund programs since independence in 1991, Ukraine has completed just one successfully. Ukraine's finance minister believes the IMF's money is "not forever", but over-optimistic economic assumptions and continued fighting in the east of the country will probably mean Ukraine will end up depending on...

  • WASHINGTON, March 17- The Obama administration warned on Tuesday that rising powers were challenging U.S. leadership in global financial institutions, and urged Congress to approve a deal it says would help preserve U.S. influence. Lew urged lawmakers to sign off on a reform of the International Monetary Fund that would give emerging markets a bigger say in...