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View Full Version : Brazil Rate Futures Yields Drop on Plan to Cut Savings Returns - Bloomberg



NewsWhore
05-04-2012, 05:40 PM
Brazil Rate Futures Yields Drop on Plan to Cut Savings Returns (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGrcI_ELjW4YKqR01dUQpOtux40Mw&url=http://www.bloomberg.com/news/2012-05-04/brazil-rate-futures-yields-drop-on-plan-to-cut-savings-returns.html)
Bloomberg
The real touched its lowest level since September yesterday on speculation policy makers will keep reducing borrowing costs and are prepared to intervene if the currency strengthens. “They're eliminating the hurdle in which the savings accounts rules ...

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