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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (15330)	5/17/1999 1:26:00 PM
From: wl9839	Read Replies (1) \| Respond to of 22640

Foreign investments amount to US$1.514bn in April Foreign direct investments in Brazil amounted to US$1.514bn in April, the Central Bank Economic Department (Depec) informed. The figure is below that of March, when the country received US$2.015bn in foreign investments. The Central Bank added to April's result an amount of US$963m invested in privatization. In March, foreign investors spent US$250m on privatization. In 1999, the accumulated volume of foreign investments reached US$9.241bn. In the 12-month period to April, such investments amounted to US$31.159bn The Brazilian government expects to close out the year with foreign investments totaling some US$20bn. (By Gustavo Freire) Copyright © 1996 Agência Estado. All Rights Reserved.