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Economy & Business - April 2007
Central bank's foreign reserves to reach US$160bn
On 16 April the finance minister, Guido Mantega, said that Brazil's foreign currency reserves would reach US$160bn by the end of the year. Mantega's comments suggest that Brazil's central bank will continue to pursue a policy of buying US dollars in the domestic currency market to avoid the Real, becoming too strong.
- A new approach to economic policy
- Looking good
- Central bank's foreign reserves to reach US$160bn
- Interest rates down to a single figure in real term
- COLOMBIA: Central bank calls for fiscal austerity>
- BOLIVIA: Sluggish growth in hydrocarbons
- ECUADOR:More anti neoliberal posturing
- VENEZUELA: Heterodox policies work, at least in the short term
- PERU: García aims for investment grade
- COSTA RICA: Retailing buoyant
- CUBA: 35% increase in exports claimed
- DOMINICAN REPUBLIC: The benefits of Petro-Caribe
- EL SALVADOR: Poor coffee harvest
- GUATEMALA: Junta Monetaria raises rates
- HONDURAS: Ethanol problems
- NICARAGUA: Sandinista unions demand higher wages
- PANAMA: Strong start
- ETHANOL: The Mexican position
- OIL: Ecuador reserve claims
- The PDVSA bond
- Is the IMF biased against Argentina and Venezuela?
- CORPORATE LISTING: Sagicor lists in London
- Down but not out
- Japanese Car Sales