As Expected, Brazil Raises Tax to Slow Inflows to Bond Mkt [Archive] - In Search of Chicas

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03-30-2011, 04:31 AM

As expected, Brazil imposed a 6% financial transactions (IOF) tax on offshore loans as part of a series of planned measure to curb inflation by limiting credit, and keep the local currency in check. ...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/44171647/)