50 out of the 102 total countries seeking aid will have received help from the International Monetary Fund (IMF) for pandemic response by the end of April, IMF Managing Director Kristalina Georgieva said on Thursday. “Japan, the UK, France, Australia and Canada made firm commitments to contribute $11.7 billion to boost the IMF aid to poor countries,” Georgieva added. “Germany has also provided money for catastrophe fund for poorest members, boosting capacity to over $600 million.” Georgieva further noted that they were encouraged by the strength of unity within the IMFC Steering Committee and reiterated that the speed of assistance being provided by the IMF to countries facing economic standstill was essential. Market reaction These comments had little to no impact on market sentiment. As of writing, the USD/JPY pair was down 0.13% on the day at 107.34. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/PLN: Expected to resume the upside momentum in the near-term – Rabobank FX Street 2 years 50 out of the 102 total countries seeking aid will have received help from the International Monetary Fund (IMF) for pandemic response by the end of April, IMF Managing Director Kristalina Georgieva said on Thursday. "Japan, the UK, France, Australia and Canada made firm commitments to contribute $11.7 billion to boost the IMF aid to poor countries," Georgieva added. "Germany has also provided money for catastrophe fund for poorest members, boosting capacity to over $600 million." Georgieva further noted that they were encouraged by the strength of unity within the IMFC Steering Committee and reiterated that the speed of assistance being provided by the… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
