Indian rupee opened weak against the dollar but trimmed its initial losses and closed with marginal gains against the greenback on the back of gains in domestic equity markets.
In an update to its 'World Economic Outlook', the IMF predicted global economic growth of 3.7 percent in 2014, an upgrade on 3.6 percent growth it forecast last October.
India is likely to clock an economic growth rate of 4.6 percent this financial year and the expansion may improve to 5.4 percent in 2014-15, the In-ternational Monetary Fund said.
In the BOJ announcement, no policy changes were announced, as expected, but there was a marginal downgrade of the GDP outlook for 2014/15
The UK unemployment rate dropped to 7.1% in the three months ended in November, exceeding estimates at 7.3% and lower than the 7.4% previ-ous.
BOE minutes: MPC votes 9-0 to hold rates, QE steady.