Tag: foreign currency reserves

• Sunday, June 24th 2012 - 02:54 UTC

  Argentine nervous savers withdrew 522 million dollars in the last week

  

  The outflow of foreign-currency deposits from Argentina's banking system showed no sign of slowing last week, as nervous savers withdrew 522 million dollars from bank accounts.

• Tuesday, November 1st 2011 - 05:36 UTC

  Brazil’s net debt falls in September to 37.2% of GDP, lowest since 1997

  

  Brazil’s net debt fell in September to its lowest level since 1997, as a 15% decline in the real last month boosted the value of the country’s near-record 353 billion dollars in foreign currency reserves.

• Monday, August 8th 2011 - 04:33 UTC

  Brazil remains faithful to the dollar and has no plans to sell US Treasuries

  

  Brazil has no plans to sell US Treasuries or change its foreign currency reserves holdings as a result of Standard & Poor’s downgrade of the US’s credit rating, a government official said.