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View Full Version : Brazil Sets Reserve Requirement to Stem Real Rally



NewsWhore
01-06-2011, 12:30 PM
Jan. 6 (Bloomberg) -- Brazil’s real weakened after the central bank introduced reserve requirements on dollar positions held by local banks in a move that may help stem a rally in the currency.

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/41801143/)