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View Full Version : Brazil lowers basic rate to 9%, sixth straight reduction and more could come



NewsWhore
04-19-2012, 04:52 AM
Brazil lowered its benchmark interest rate to a near-historic low of 9% on Wednesday, as expected, but the central bank surprised with hints that more cuts may follow to revive Latin America's ...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/205050497/)