Tag: reserves

Brazil’s Oil Reserves Believed to Be Close to 30 Billion Barrels

Brazil’s National Oil Association (ANP), the country’s oil regulator announced that proven Brazilian oil ...

Brazil’s Foreign Reserves Cross US$ 300 Bi Mark. A Costly Venture for Government

For the first time ever, Brazilian reserves surpassed the symbolic mark of US$ 300 ...

Brazil’s Reserves Slump Due to Early IMF Pay-Off

Brazil’s international reserves stood at US$ 53.8 billion at year-end 2005, down US$ 10.5 ...