Crisis lesson: better to rely on international reserves than IMF credit says Brazil

Wednesday, March 24th 2010 - 05:24 UTC

Full article 4 comments

Brazil’s Central Bank believes it is better for the country to hold its own foreign exchange reserves than to rely on credit lines from international institutions such as the International Monetary Fund. Read full article

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geo
time is to think innovative and patient again for some problems !
Mar 24th, 2010 - 08:19 am - Link - Report abuse 0
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jorge!
.....“Better to rely on international reserves than IMF credit”....

- I couldn't agree more.
Mar 24th, 2010 - 12:42 pm - Link - Report abuse 0
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ed
.... they envy our international reserves and try to
distract us by the Malvinas problems ..and others .. !!
Mar 24th, 2010 - 02:33 pm - Link - Report abuse 0
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jorge!
The other day I was seeing a ranking and argentina has more reserves than many of the so-called first-world countries.
No es pavada eh!
Mar 24th, 2010 - 05:01 pm - Link - Report abuse 0
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