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IMF reforms to double capital, give China, India more power

The International Monetary Fund has decided to double its capital and adopted other reforms that will give China and other emerging-market economies a greater say in the financial institution. The IMF executive board agreed to sweeping changes on Friday, ahead of next week’s G20 summit in Seoul, expected to be…

IMF hopes policy studies can head off global currency war

The International Monetary Fund called Saturday for further study on global imbalances and exchange rate policies, stopping short of any specific calls to head off what some see as a looming currency war. The IMF steering committee, which has been struggling to find a consensus on easing currency tensions among…

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