India, Singapore Central Bankers Call for Global Safety NetEnda Curran and Sandrine Rastello
Rajan sees role for IMF as backstop of central banks’ swaps
IMF’s Furusawa says talks about liquidity facility ‘not easy’
Central bank chiefs from India and Singapore called for a strong safety net for countries to cope with financial crises, echoing a push by the International Monetary Fund that said available instruments are costly and fragmented.
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