Iran asks IMF for $5 billion emergency funding to fight coronavirus

By MG News | March 12, 2020 at 04:02 PM GMT+05:00

0:00

March 12, 2020: Iran has asked the International Monetary Fund (IMF) for emergency funding to help it fight the coronavirus outbreak, which has hit the Islamic Republic hard, Foreign Minister Mohammad Javad Zarif said in a tweet on Thursday.

The IMF managing director, Kristalina Georgieva, “has stated that countries affected by #COVID19 will be supported via Rapid Financial Instrument. Our Central Bank requested access to this facility immediately”, Zarif said.

Related News

UK autos exempted under U.S. tariff cut but steel still in question

Govt dismisses talk of $100m Roosevelt Hotel floor price

China’s industrial profits sink more than 9% in May

Name	Price/Vol	%Chg/NChg
KSE100	125,627.31 258.99M	1.00% 1248.25
ALLSHR	78,584.71 1,142.41M	1.16% 904.89
KSE30	38,153.79 69.25M	0.63% 238.06
KMI30	184,886.50 91.38M	0.01% 13.72
KMIALLSHR	53,763.81 554.57M	0.54% 290.61
BKTi	31,921.68 33.15M	1.78% 557.94
OGTi	27,773.98 9.65M	-0.40% -112.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,950.00	107,955.00 107,530.00	-285.00 -0.26%
BRENT CRUDE	66.52	66.63 66.51	-0.22 -0.33%
RICHARDS BAY COAL MONTHLY	97.00	97.00 97.00	1.05 1.09%
ROTTERDAM COAL MONTHLY	107.65	107.65 105.85	1.25 1.17%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.87	65.02 64.83	-0.24 -0.37%
SUGAR #11 WORLD	16.19	16.74 16.14	-0.52 -3.11%