IMF’s Lagarde: CB tightening to affect some emerging nations more than others

Thursday, 30 January 2014 00:00 - - {{hitsCtrl.values.hits}}

Reuters: The tightening of monetary policy in advanced economies this year will cause volatility in international markets and impact the monetary situation in certain emerging economies, IMF Managing Director Christine Lagarde said on Wednesday. The IMF Chief said the impact would differ between “solid emerging countries which have room for manoeuvre and those which have not yet built this margin nor introduced a series of economic and budgetary measures”. She was speaking to an investment conference in Abidjan by video link from Paris.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.