Browsing: IMF

Western plans to use Russia’s frozen central bank reserves in Ukraine may undermine the global monetary system, the International Monetary Fund has stated. Responding to a question from RIA Novosti about the IMF’s view on the G7’s plans for the assets, IMF spokeswoman Julie Kozack said any move regarding the assets must have a sound legal basis.

The conflict between Moscow and Kiev is keeping energy prices high, a study released by the International Monetary Fund suggests

The report was issued following the visit to the country by International Monetary Fund (IMF) team led by Ran Bi, to gather facts on recent economic and financial sector developments, the outlook and the authorities’ policy actions and plans

Western plans to either confiscate Russia’s frozen central bank reserves directly or use the profit they generate could undermine the global monetary system, the IMF has warned.