11.06.2009 - Brazil joins Russia, China in eyeing IMF bonds
From Forbes: Brazil is looking to buy $10 billion in IMF bonds, Finance Minister Guido Mantega said on Wednesday, joining China and Russia in seeking to use the new instruments to diversify dollar-heavy currency reserves. "This support is important to help end the international financial crisis," Mantega said, adding that a trade surplus and $204 billion in reserves has positioned Brazil to help the International Monetary Fund boost lending to other emerging economies........Full Article: Source
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