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International Monetary Fund

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Last Updated: Just Now
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Automotive, EVs & Mobility Just now (09:17 AM IST)

BRICS Finance Chiefs Weigh Faster Cross-Border Payments, Local Currency Use Ahead of New Delhi Summit

BRICS finance ministers and central bank governors are discussing ways to make cross-border payments faster, cheaper and less dependent on hard currencies, with local-currency settlement emerging as a central theme. The talks, held ahead of the New Delhi summit, also reflect a broader push by the bloc to secure greater influence for developing economies at the IMF and World Bank.

By RDU Global Wire6 min read
Automotive, EVs & MobilityJust now (02:00 AM IST)

BRICS Ministers Weigh Faster Cross-Border Payments as Trade Frictions Rise

BRICS finance ministers and central bank governors are examining ways to make cross-border payments faster, cheaper and less dependent on existing dollar-centric rails, with greater use of local currencies emerging as a central theme. The discussions, held ahead of the New Delhi summit, come as the grouping seeks both practical trade efficiencies and a louder voice for developing economies at the IMF and World Bank.

5 min readRead →
Banking, Fintech & Insurance8h ago

RBI Data Show Foreign Exchange Reserves Ease, Bank Credit Stays Firm as Deposits Rebound

The Reserve Bank of India's latest weekly statistical supplement shows a modest weekly decline in foreign exchange reserves, even as India's banking system continued to expand credit and deposits at a healthy pace. The figures point to a financial system still growing steadily, with reserve movements reflecting market valuation shifts and external asset changes rather than a sharp stress signal.

4 min readRead →
World Politics & DiplomacySept 26, 2026

FOMC Minutes Reveal Cautious Optimism Amid Economic Uncertainties

The minutes from the July 28-29 Federal Open Market Committee meeting indicate a careful balance between optimism and caution regarding the U.S. economy. With inflation pressures and labor market dynamics at the forefront, policymakers are navigating a complex financial landscape.

4 min readRead →

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