Argentina to ease foreign exchange controls after peso slump

Argentina is to relax its strict foreign exchange controls, a day after the peso suffered its steepest daily decline in 12 years.

Lagarde Calls for More Global Coordination as QE Exits

International Monetary Fund Managing Director Christine Lagarde urged policy makers to work more closely together as they plan eventual exits from unconventional monetary policies, endorsing swap arrangements between central banks as an instrument to weather instability.

China's yuan reform "brave", next targets-land, monopoly, tax: Xinhua

SHANGHAI: China's moves to liberalise its currency have been courageous given the economic risks, and next areas for reform include land policy, state-owned industries and taxation, the official Xinhua news service said in a commentary published on Sunday.