Brazil Raises Bank Reserve Requirements on Deposits [Archive] - In Search of Chicas

View Full Version : Brazil Raises Bank Reserve Requirements on Deposits

NewsWhore

12-03-2010, 11:00 AM

Dec. 3 (Bloomberg) -- Brazil’s central bank raised reserve requirements on cash and time deposits to slow consumer lending that’s growing 20 percent annually and prevent a credit bubble. I...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/40944900/)