Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

G20 reiterates commitment to lift and rebalance global demand

Apr 12 2014, 14:18 IST
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Finance ministers and central bank governors of the Group of 20 Nations on Friday reiterated their commitment to lift and rebalance global demand and achieve exchange rate flexibility. (AP) Finance ministers and central bank governors of the Group of 20 Nations on Friday reiterated their commitment to lift and rebalance global demand and achieve exchange rate flexibility. (AP)
SummaryFinance ministers and central bank governors of the Group of 20 Nations on Friday reiterated their commitment to lift and rebalance global demand and achieve exchange rate flexibility.

reforms at the earliest opportunity.

"We are committed to maintaining a strong and adequately resourced IMF," it said.

"If the 2010 reforms are not ratified by year-end, we will call on the IMF to build on its existing work and develop options for next steps and we will work with the IMFC (International Monetary and Financial Committee) to schedule a discussion of these options," the G-20 said.

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