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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Brazil’s reserves hit record 265 bln dollars

Posted on 16 September 2010

From AFP: Brazil’s foreign reserves stand at a record 265 billion dollars, the central bank said Wednesday, following a series of interventions to buy greenbacks and slow the export-sapping rise of the national currency.
The stockpile of foreign currency — most of it dollar denominated — rose 1.88 billion dollars alone on Tuesday, the bank said……………………………………….Full Article: Source


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