Arab Today, arab today imf chief urges russia to build up reserve funds
Last Updated : GMT 18:50:37
Arab Today, arab today
Arab Today, arab today

IMF chief urges Russia to build up reserve funds

Arab Today, arab today

Arab Today, arab today IMF chief urges Russia to build up reserve funds

Moscow - Ria Novosti

Russia needs to build up its reserve funds to be prepared for a drastic fall in global oil prices, International Monetary Fund chief Christine Lagarde said on Monday. Lagarde is on a three-day visit to Moscow to discuss measures to overcome negative trends in the global economy, further steps to reform the world financial system and reform the IMF. Her trip is the first visit by an IMF managing director to Russia in the last seven years. Lagarde said at a lecture in Moscow that the Russian economy remained vulnerable to developments on global markets. In these conditions Russia’s main task is to continue building up its Reserve Fund and National Wealth Fund while world oil prices remain at a high level, she said. She also said that European banks might start withdrawing their funds from Russia to solve their liquidity problems after writing off a large portion of the Greek debt, which could cause a liquidity crunch on the market.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf chief urges russia to build up reserve funds Arab Today, arab today imf chief urges russia to build up reserve funds

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf chief urges russia to build up reserve funds Arab Today, arab today imf chief urges russia to build up reserve funds

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday