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Showing posts with label international prices. Show all posts
Showing posts with label international prices. Show all posts

Wednesday, February 29, 2012

Brazil Heads For Moderate Rate Cuts, Strong Real -Economist

SAO PAULO -(Dow Jones)- Interest rate cuts by the Brazilian Central Bank will be more moderate than analysts are currently predicting, underpinning continued strength for Brazil's currency, the real, according to economist and former finance ministry official Bernard Appy.