At the G20 summit in Cannes on Nov. 3-4, Germany opposed any boost to the IMF's [cnbc explains] resources via special drawing rights, a reserve asset based on a basket of currencies, saying only the Bundesbank could take such a decision. ... Germany Open to Boosting IMF Funds to Fight Crisis
Wednesday, November 30, 2011
Germany Open to Boosting IMF Funds to Fight Crisis
At the G20 summit in Cannes on Nov. 3-4, Germany opposed any boost to the IMF's [cnbc explains] resources via special drawing rights, a reserve asset based on a basket of currencies, saying only the Bundesbank could take such a decision. ... Germany Open to Boosting IMF Funds to Fight Crisis
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