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RIO DE JANEIRO, Brazil (AP) - Brazil's debt crisis is over and the country has emerged as a net foreign creditor for the first time, the Central Bank said.
The nation's foreign cash reserves in January exceeded the entire foreign debt of Brazil's government and individual companies combined by about $4 billion, the bank said in a report released Thursday.
"It's the first time in the history of Brazil that we are not debtors," said Finance Minister Guido Mantega.
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