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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Brazil foreign reserves up $2.76 bln in June, reaching $335.77 bln

Posted on 05 July 2011

Brazil’s foreign-currency reserves increased $2.76 billion in June compared with the previous month as the monetary authority continue dollar purchases in the foreign-exchange market, according to figures published on the central bank’s website on Monday.

Foreign reserves totaled $335.77 billion as of June 30, up from $333 billion at the end of May. In the first half of the year, reserves grew by $47.3 billion……………………………………….Full Article: Source

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