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Brazil’s foreign reserves increase $1.5 bln in June

Posted on 04 July 2012

Brazil’s foreign currency reserves picked up $1.5 billion in June from the previous month, reversing the drop saw in May, as the value of country’s investments increased.
Foreign exchange reserves, which are a significant part of Brazil’s protection against global crises, totaled $373.9 billion in June, up from $372.4 billion recorded in May, the Central Bank of Brazil said on its website Tuesday………………………………………..Full Article: Source


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