NTD Business (June 20): Market Rally: What Will Come Next?; IMF Wants Global Digital Currency Platform

Don Ma
By Don Ma
June 20, 2023NTD Business
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The S&P 500 has rallied 15 percent year-to-date. The index ended on Friday at 4,409, up 23 percent from its October lows. Some worry stocks are already getting overheated, while others see more room on the upside.

The International Monetary Fund (IMF) is working on a platform for central bank digital currencies to enable transactions between countries. The IMF wants central banks to agree on a common regulatory framework for digital currencies that will allow global interoperability.

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