VOL XXXI
NO. 6
16-NOVEMBER-1987
Financial and Banking News
INTERNATIONAL BANKING
Brazil Lifts Interest Moratorium, Lets in IMF
After an agreement with its foreign bank creditors, the Brazilian governmenton 6 November committed itself to recommence interest payments on its foreigndebt and to "cooperate" with the International Monetary Fund (IMF).The agreement has been greeted by storms of protest in Brazil, where despite thegovernment's attempts at soft-pedalling the IMF's involvement, political...
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