Tag: Reserve assets
Lebanese hospitals warn of dangerous shortages in supplies
BEIRUT — Hospitals in Lebanon warned Thursday they may be forced to suspend kidney dialysis next week amid severe shortages in supplies, the latest...
Major Russian fund to ditch dollar, buy euros, yuan, gold
MOSCOW — Russia said Thursday it will completely remove the U.S. dollar from its rainy day fund, a move intended to counter American pressure...
China’s central bank tries to stop surge in currency’s value
BEIJING — China’s central bank is trying to restrain the surging exchange rate of its currency, temporarily backtracking in efforts to make the tightly...
G7 suggest boosting IMF reserves to help vulnerable nations
LONDON — The Group of Seven leading industrial nations on Friday proposed bolstering the International Monetary Fund's reserves for the first time since 2009,...