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To: elmatador who wrote (18052)5/5/2007 10:11:24 AM
From: Slagle  Read Replies (2) | Respond to of 217901
 
Elmat,
"Brazil Central Bank accumulates more USD because the value of the USD has gone down and it receives more USD for the commodities it is exporting"

Exactly, and as long as it keeps this process going it doesn't care. Like a working person being paid in a depreciating currency and spending what he makes. If he doesn't have considerable liquid assets, he doesn't care either.
Slagle