Sun, Dec 28, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Brazil won’t pay ‘price’ for imbalances in other economies, Meirelles says

Posted on 11 October 2010

From Bloomberg: Brazil increased its foreign reserves by 16.4 percent this year, to $279 billion on Oct. 7, according to central bank data. The government has vowed to use its sovereign wealth fund to buy dollars in the spot market, if needed.
Brazil also doubled to 4 percent a tax it charges foreigners on investment in fixed- income securities in a bid to stem gains in the real, which last week reached its strongest in more than two years…………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15441 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031