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In emerging and developing countries, the Covid-19 crisis has reduced per-capita gross domestic product by one-fifth - nearly twice the loss among advanced economies, the IMF estimates. Keywords: economics; washington; fin reg; visuals; policy; world; Pharmaceuticals; Vaccines; Banking; Central Banking EN economics washington fin reg visuals policy world Pharmaceuticals Vaccines Banking Central Banking N.PAG N.PAG 1 04/06/21 20210405 NES 210405 Top economic officials gather virtually to consider how to help the poorest, most vulnerable populations The world's finance ministers and central bankers are slated to meet virtually to steer the recovery from the Covid-19 pandemic and consider measures to protect the poorest and most vulnerable populations. [Extracted from the article]

The article discusses the value of the Chinese currency the yuan following the decision of the group the International Monetary Fund (IMF) to add the yuan to its basket of reserve currencies, known as Special Drawing Rights (SDR), in late 2015. According to the article, the Chinese central bank the People's Bank of China (PBOE) pledged on December 1, 2015, to keep the yuan stable. The article presents comments from PBOE deputy governor Yi Gang.

The article states that the Chinese central bank the People's Bank of China was planning to encourage the organization the International Monetary Fund (IMF) to recognize the Chinese currency the yuan as a reserve currency according to a report issued in June 2015. According to the article, the People's Bank of China planned to permit greater freedom to foreign entities to sell yuan-denominated debt in China and offer domestic firms more ability to issue bonds in foreign countries. The article also discusses an IMF review of currencies making up its Special Drawing Rights (SDRs).

The author comments on the announcement by the International Monetary Fund (IMF) on November 30, 2015 of its decision to include the Chinese yuan in its reserve-currency basket, also known as special drawing rights.

The article reports on weakening of Chinese currency Yuan in 2015 and mentions that the International Monetary Fund will be deciding for inclusion of Yuan in its Special Drawing Rights which is a international reserve asset.

The author discusses the decision of the International Monetary Fund to include the Chinese yuan in the basket of currencies that make up its notional reserve asset known as special drawing rights (SDRs).

This article reports on the plan of China to seek a global currency reserve that is modeled after the Special Drawing Rights (SDR), a kind of synthetic currency created by the International Monetary Fund (IMF) in the 1960s. The People's Bank of China (PBOC) said that the country will push for reform of the international currency system. China wants the international currency system to reduce reliance on the current reserve currencies. It is noted that a campaign by China for international currency system reform seems to have undermined the U.S. dollar.

The article looks at the proposal by Japanese Prime Minister Taro Aso for an increase in special drawing rights (SDR) at the International Monetary Fund (IMF) during the G-20 meeting held in London, England in 2009. Aso requests for expansion in foreign aid to emerging market countries. It argues that the IMF funding does not reflect as an annual U.S. expenditure which indicates that it is an unrecorded future liability. The author asserts that it is a form of bad economic policy and governance to protect the market with conjured dollars.

The article reports on the impact on the currency markets of the perceived willingness of U.S. Treasury Secretary Timothy Geithner to entertain a Chinese proposal that an international currency supplant the U.S. dollar as the premier global reserve currency. In his remarks at the Council on Foreign Relations in New York, Geithner said he welcomes the idea of a larger global-finance role for Special Drawing Rights. It cites that the euro rose by 1% against the dollar following the remarks, and the dollar fell against the Japanese yen.

The article reports on economic and political challenges facing China as it attempts to wean the international financial system away from the U.S. dollar in March 2009. Chinese central bank governor Zhou Xiaochuan requested for shifting toward a super-sovereign reserve currency, or one that does not belong to any particular country. The dollar is said to have an appeal as a reserve currency because it is the common language of global finance and trade. Expanding the role of Special Drawing Rights (SDRs) was also proposed by the governor.

The article discusses a proposal by China's central bank to create a new global currency based on special drawing rights. Any effort to displace the U.S. dollar as the world's reserve currency would take several years. Indications that such a process could be underway, though, include the creation of bonds denominated in the new currency, and use of this currency in the global marketplace.

The article reports on an increase in Japan's monetary reserves in April 2007. Such increase was aided by a drop in U.S. Treasury yields which, in effect, lifted the value of holdings in U.S. government securities. The reserves include convertible foreign currencies, gold and International Monetary Fund special drawing rights and it increased by $6.67 billion.

Reports on the status of the United States reserve assets as of the second week of August 2000. Rate of increase; Holdings of foreign currencies; Gold reserves; Holdings of International Monetary Fund (IMF) special drawing rights and reserve position at the IMF.

Reports that the federal reserve assets of the United States (U.S.) has declined in the first week of July 2000. Information on the U.S. reserved assets; Status of the U.S. foreign currency supply; Total U.S. holding of International Monetary Fund special drawing rights.

Reports that the United States official reserve assets declined in November 1999. Components of the reserve assets; Decrease in holdings of foreign currencies; Details on holdings of the International Monetary Fund's special drawing rights.

Discusses role of developing countries led by India and Brazil at annual meeting of the International Monetary Fund (IMF). Rejection of Special Drawing Rights (SDR); Veto to IMF aid plan for Russia and other countries by developing countries; Search for compromise; Impact of creation of SDRs; Discussion on dismissal of talk for replacing Michel Camdessus, IMF managing director.

Reports on meeting by finance ministers from Group of Seven (G-7) industrial countries. Dispute on creation of new Special Drawing Rights (SDR); List of countries in G-7; Implications of creating new SDRs; Rise in developing world's appetite for capital, way to satisfy it; Growing concern on capital shortage; Stand of International Monetary Fund Managing Director Michel Camdessus; Reaction of developing countries on attention toward former communist countries.