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4 matches for " foreign reserves":
Brazil's external accounts remain solid, despite the recent modest deterioration.
Brazilian financial assets lately appear to be responding only to developments in the presidential election race and external jitters.
Data released last week confirm that the Argentinian economy finally is stabilizing.
The new Argentinian president has started to clean up the mess left by his predecessor, Cristina Fernandez de Kirchner. President Mauricio Macri lifted capital controls, and let the ARS float freely yesterday. The peso tumbled about 30%, getting close to 14 ARS per USD, where it had been trading in the black market. The government also announced that it is on track to receive about USD 12-to-15B, to build up the battered foreign reserves, and to contain any overshooting. This money will come through many channels, for example, grain producers have announced that they will sell about USD400M a day over the coming weeks.
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