Brazil could make $10 billion available to help euro zone
Brazil could make $10 billion of its own funds available through various channels, such as the International Monetary Fund or bond purchases, to help the euro zone, Reuters reported Monday, citing an official.
China and Brazil signed an agreement to do billions of dollars of trade in their local currencies, as the five-nation BRICS forum of emerging market powers work to lessen dependence on the US dollar and Euro.