Brazil "wants $10 bln IMF loan insurance"

Reports in Brazil said Finance Minister Antonio Palocci was negotiating with the IMF to secure "insurance" of $10 billion in emergency funds in case of an international economic crisis. Palocci said he felt that if Brazil were to ask for more than $10 billion, "it would signal that things were not well" in Brazil.

Source: Reuters

Brazilian Finance Minister Antonio Palocci said he was negotiating with the International Monetary Fund to secure "insurance" of $10 billion in emergency funds in case of

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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