IMF Moves Toward Possible Fresh Reclassification of India’s FX Regime, as ABN Amro Plans to Cut over 5,000 Jobs

The International Monetary Fund (IMF) is preparing to reopen a contentious chapter in its relationship with Asia’s third-largest economy, with sources in Washington indicating that the multilateral lender is weighing a fresh reclassification of India’s foreign exchange rate regime. The move comes as the rupee experiences heightened volatility under the new leadership at the Reserve […] The post IMF Moves Toward Possible Fresh Reclassification of India’s FX Regime, as ABN Amro Plans to Cut over 5,000 Jobs appeared first on Tekedia.

IMF Moves Toward Possible Fresh Reclassification of India’s FX Regime, as ABN Amro Plans to Cut over 5,000 Jobs

The International Monetary Fund (IMF) is preparing to reopen a contentious chapter in its relationship with Asia’s third-largest economy, with sources in Washington indicating that the multilateral lender is weighing a fresh reclassification of India’s foreign exchange rate regime. The move comes as the rupee experiences heightened volatility under the new leadership at the Reserve […]

The post IMF Moves Toward Possible Fresh Reclassification of India’s FX Regime, as ABN Amro Plans to Cut over 5,000 Jobs appeared first on Tekedia.

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