News > IMF: countries to preserve foreign reserves amidst appreciating U.S. dollar

IMF: countries to preserve foreign reserves amidst appreciating U.S. dollar

The IMF has urged countries to preserve vital foreign reserves to deal with potentially worse outflows and turmoil in the future, amidst the appreciation of the U.S. dollar and depreciation of other major currencies.

In a blog post by the FDMD of the IMF Gita Gopinath and the Chief Economist Gourinchas, said that in such a fragile environment, it is prudent to enhance resilience