IMF repayment hits Brazil's reserves
The shift came mainly as a consequence of the advance repayment of the country's debt to the International Monetary Fund (IMF) and the sale of US$ 500 million worth of bonds abroad in December, according to the foreign accounts data released by the central bank.
The country's total foreign debt was US$ 181 billion in October, 2005, US$ 1.7 billion less than in
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