LAHT.
The agreement to swap $1.8 billion in currencies must be validated by the central banks of both countries. Then Argentina will be able to access 3.5 billion reais while Brasil will be able to use 7 billion Argentine pesos.
“This is another significant step towards financial integration of the two countries, following on the path of strong trade and political integration”, said Brasil's Finance Minister Guido Mantega.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- PUERTO RICO: The Enigma of Tourism.
- URUGUAY:Defeats So.Korea 2-1; In Q-Finals For 1st Time in 40 Years.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- ROMANIA: After Court Overturns Austerity Measures, Huge VAT Increase Proposed To Protect IMF Aid.
- RUSSIA : Putin's Police Make Preemptive Strike On Leading Protest Opponents.
- MEXICO: Little Hope Remains For 9 Coal Miners After Explosion Kills 5; Billionaire Carlos Slim Slammed By Court.
- CZECH REPUBLIC: Attempts To Ban The Communist Party.