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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Brazil’s international reserves hit new record

Posted on 20 July 2009

Brazilian international reserves hit a new record on July 16, totaling $209.58 billion, according to numbers released by the central bank on Friday.
The previous record was set on Oct. 6, 2008, when reserves reached $209.39 billion. The government then sold dollars because of the global financial crisis, lessening that cushion………..Full Press Release: Source


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