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View Full Version : Brazil Bank Signals It’s Ready to Reduce Rates to Record Low - Bloomberg



NewsWhore
03-12-2009, 01:20 AM
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Brazil Bank Signals It’s Ready to Reduce Rates to Record Low (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DauI4K0RzmEWY%26refer%3Dnews&cid=0&ei=YI64SdOoHIaaMoC61fcJ&usg=AFQjCNH03HFkqaqkqOtNBXfgr2JHRAJ5ug)
Bloomberg
The currency gained 0.3 percent yesterday to 2.3402 per dollar. “The increase in easing pace will, however, provide long- term support to the real,” he said in a note to clients. “The market has turned to rewarding currencies backed by aggressive ...


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