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Canada International Reserves Down $68 Million in Week Ended May 23

Canada's official international reserves fell $68 million in the week ended May 23, the Bank of Canada reported on its website.At May 23, the official international reserves totaled $70.703 billion, compared with $70.771 billion at May 15.The reserves included:-U.S. dollars, $38.878 billion;-other foreign currencies, $18.848 billion;-gold, $141 million;-special drawing rights, $8.458 billion;-reserve position in the International Monetary Fund, $4.378 billion.All reserve figures are reported in U.S. funds.Write to Satish Sarangarajan at satish.sarangarajan@dowjones.comCopyright © 2013 Dow Jones Newswires...

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    The U.K. public sector borrowed less than expected in April as an increase in income tax receipts boosted government coffers, but the positive sentiment was dented b...

  2. UK Government Borrows Less Than Expected in April, Retail Sales Fall

    The U.K. public sector borrowed less than expected in April as an increase in income tax receipts boosted government coffers, but the positive sentiment was dented b...

  3. IMF to Urge U.K. to Sell Stakes in RBS, Lloyds -Report

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  4. Swiss SNB Must Stick To EUR/CHF Floor for Now, IMF Says

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  5. IMF Urges Dubai to Regulate Property Market

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  6. IMF : U.S. Cutting Budget Deficits Too Quickly

    The International Monetary Fund on Monday said the United States was getting carried away with a government austerity drive, offering some of the institution's blunt...

  7. Piraeus Bank Posts First-Quarter Net Profit After Merger Deals

    Piraeus Bank (TPEIR.AT), one of Greece's largest lenders, on Monday reported a first-quarter net profit of 3.62 billion euros ($4.64 billion), largely due to a one-o...

  8. BOE's King Says More Steps Needed for Growth

    The U.K. economy is in recovery but policy makers need to do more to lift growth, Bank of England Gov. Mervyn King said Sunday."We are seeing a recovery. But it's on...

  9. Greece to sell Postbank, Proton in July, stress-test big banks

    Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the ...

  10. BOE's King: More Needs to Be Done for UK Recovery

    The U.K. economy is in recovery but policy makers need to do more to lift growth, Bank of England Gov. Mervyn King said Sunday."We are seeing a recovery. But it's on...

  11. Midday Market Report: 5/17/13

    J.C. Penney financial troubles get worse

  12. Risks for Cyprus are 'unusually high', adoption of austerity plan imperative: IMF

    The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity ...

  1. Don't Buy into Talk of Dollar's Demise

    The demise of the U.S. dollar as the world's go-to currency appears to have been greatly exaggerated.Pointing to the scary 2008 financial crisis and America's bloate...

  2. EU risks "too big to cooperate" bank supervision

    The role of the European Banking Authority must be beefed up beyond current plans to ensure that regulation of Europe's banks does not fragment into two competing sy...

  3. IMF : Don't See Any New Official Sector Greek Debt Restructuring Now

    Potential negotiations to restructure European holdings of Greek government debt won't come until after details about Athens's 2013-2014 budget are known, an Interna...

  4. IMF : Board Confident Lagarde Can Carry Out Her Duties Amid French Probe

    The International Monetary Fund's board remains confident Christine Lagarde can carry out her duties as managing director effectively despite French authorities plan...

  5. Portuguese leaders build faith in bailout exit

    President Anibal Cavaco Silva thanked Portugal's patron saint for a long-delayed approval of Lisbon's bailout review last week, but the head of state could claim a s...

  6. State-backed UK banks gain approval for capital plans

    State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a bar...

  7. LONDON MARKETS: U.K. Stocks Extend Gains To 13-year High

    U.K. stocks extended gains to close at a 13-year high on Wednesday, finding support in comments from the International Monetary Fund calling for more growth in the c...

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