BRICS Commit $100 bln to FX Fund

BRICS Commit $100 bln to FX Fund

(St. Petersburg) – The BRICS group of emerging economies will contribute $100 billion to a fighting fund to steady currency markets destabilised by an expected pullback of U.S. monetary stimulus, Russian President Vladimir Putin has said. China, holder of the world’s largest foreign exchange reserves, will contribute the bulk of the currency pool. But it […]

Photo Gallery

E MAIL US : editor@thediplomatmagazine.com
Copyright © 2011. The Diplomat. All rights reserved | Developed by: ASN tECH WordPress Themes
Wp Advanced Newspaper WordPress Themes Gabfire