Washington:
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
American economist David Lipton will serve as interim leader of the International Monetary Fund, replacing Christine Lagarde who was nominated to head the European Central Bank, the IMF board announced Tuesday.
"We accept Ms. Lagarde's decision to relinquish her IMF responsibilities temporarily during the nomination period," the board said.
"We have full confidence in First Deputy Managing Director David Lipton as Acting Managing Director of the IMF."
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
COMMENTS
Advertisement
IMF Says "8% Growth Forecast For India Not Ours", Distances From Top Exec Pakistan Needs Another IMF Loan For Stability, Says PM Shehbaz Sharif IMF Confirms That Cash-Strapped Pakistan Is Seeking 24th Bailout Why BJP Lost Lok Sabha Polls In Uttar Pradesh - 6 Reasons In Party Report World's Largest Isolated Tribe Makes Rare Appearance In New Footage "Re-Exam Only On Concrete Footing": Supreme Court On NEET-UG Row Nissan X-Trail Unveiled Ahead Of India Launch "Avoid Travel": India Issues Advisory For Nationals In Bangladesh Amid Unrest 'Dark Comets' May Pose Bigger Threat Than Previously Thought To Earth Track Latest News Live on NDTV.com and get news updates from India and around the world.