The relationship between the volume of international reserves and external debt is above 100%. This ratio was very low during the 80's, when Brazil had problems with its external debt. From the 90's, and especially the last 10 years, the volume of international reserves rose sharply, and today is higher than the value of external debt, as we see in the chart below.
 |
| Source: Central Bank of Brazil |
No comments:
Post a Comment