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To: AlanH who wrote (55061)	10/8/1998 7:07:00 PM
From: B.REVERE	Read Replies (2) of 58727

The following alert issued at 12:10 coincides with the market turnaround which began around noon today: Brazil says has deal with IMF on fiscal targets WASHINGTON, Oct 8 (Reuters) - Brazilian Finance Minister Pedro Malan said on Thursday his country and the IMF had reached an agreement on Brazil's fiscal targets for the next three years. Malan told a news conference that Brazil and the IMF would continue working on a support package for Brazil's embattled economy, to be funded by the IMF and other countries. He also said a joint Brazil, IMF statement would be released shortly giving more details. Related News Categories: currency, international, options, US Market New

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