Brazilian surprise: basic rate down to 9.75%, lowest in years

Thursday, March 8th 2012 - 06:06 UTC

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Brazil’s Central bank on Wednesday surprised analysts by accelerating the pace of interest rate cuts, bringing borrowing costs to 9.75%, below 10% for only the second time on record as it seeks to revive growth. Read full article

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...in vain.....!!
Mar 08th, 2012 - 10:44 am - Link - Report abuse 0
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