off-the-wire

IMF says it's monitoring implications for financial stability from SVB collapse

Kitco Media
By Reuters
Published:
Updated:
Reuters
WASHINGTON, March 12 (Reuters) - The International Monetary Fund (IMF) said on Sunday it was monitoring potential implications for financial stability from the collapse of Silicon Valley Bank , but said it was confident Washington was taking appropriate regulatory steps.


"We are closely monitoring developments and potential financial stability implications, and have full confidence that policy makers in the United States are taking appropriate steps to address the situation," an IMF spokesperson told Reuters in a statement.


(Reporting by Andrea Shalal; Editing by Leslie Adler)

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