InformedTrades http://ift.tt/1spGzv1
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"Rates are now so low, the IMF says enough.* The*International Monetary Fund*introduced a floor of 0.05% for the interest rate on Special Drawing Rights, its own*currency that it pays to lending nations. The return on the SDR—a weighted average of euros, yen, dollars and the pound—was*threatening to turn negative due to the huge amount of global monetary easing."
"Rates are now so low, the IMF says enough.* The*International Monetary Fund*introduced a floor of 0.05% for the interest rate on Special Drawing Rights, its own*currency that it pays to lending nations. The return on the SDR—a weighted average of euros, yen, dollars and the pound—was*threatening to turn negative due to the huge amount of global monetary easing."
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