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Showing posts with label borrowing-cost cuts. Show all posts
Showing posts with label borrowing-cost cuts. Show all posts

Tuesday, October 2, 2012

Brazil Swap Rates Decline as Analysts Cut 2013 Selic Forecast

Brazilian swap rates fell to a two- month low after analysts cut their forecasts for benchmark borrowing costs next year as faltering global growth cooled inflation expectations for Latin America’s biggest economy.