Advertisement
UK markets close in 5 hours 39 minutes
  • FTSE 100

    7,836.40
    -40.65 (-0.52%)
     
  • FTSE 250

    19,292.68
    -157.99 (-0.81%)
     
  • AIM

    741.27
    -4.02 (-0.54%)
     
  • GBP/EUR

    1.1680
    -0.0003 (-0.03%)
     
  • GBP/USD

    1.2454
    +0.0015 (+0.12%)
     
  • Bitcoin GBP

    52,150.36
    +2,766.21 (+5.60%)
     
  • CMC Crypto 200

    1,332.88
    +20.25 (+1.57%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • CRUDE OIL

    83.14
    +0.41 (+0.50%)
     
  • GOLD FUTURES

    2,397.50
    -0.50 (-0.02%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     
  • DAX

    17,721.52
    -115.88 (-0.65%)
     
  • CAC 40

    7,988.14
    -35.12 (-0.44%)
     

IMF's Lagarde: cenbank tightening to affect some emerging nations more than others

Christine Lagarde, Managing Director of the International Monetary Fund (IMF) speaks during a session at the World Economic Forum (WEF) in Davos January 25, 2014. REUTERS/Ruben Sprich (Reuters)

ABIDJAN (Reuters) - The tightening of monetary policy in advanced economies this year will cause volatility in international markets and impact the monetary situation in certain emerging economies, IMF Managing Director Christine Lagarde said on Wednesday. The IMF chief said the impact would differ between "solid emerging countries which have room for manoeuvre and those which have not yet built this margin nor introduced a series of economic and budgetary measures." She was speaking to an investment conference in Abidjan by video link from Paris.