Wednesday, May 25, 2011

US Seen Backing France's Lagarde As Next IMF Chief -Former Officials

- U.S. expected to throw weight behind Lagarde as next IMF head
- U.S. officially supports open process for replacing Strauss-Kahn
- Emerging nations may be encouraged to build up forex reserves if IMF selects European chief
By Ian Talley
Of DOW JONES NEWSWIRES
WASHINGTON (Dow Jones)--The U.S. will most likely put its considerable weight behind French Finance Minister Christine Lagarde as the next head of the International Monetary Fund, former IMF and finance

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