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Tag: Banco Central

Deteriorating Economy Leads Brazil to Cut Interest Rates by 1%

In a surprise move, Brazil's Central Bank (BC) decided today to cut by a ...

Central Bank Lowers Brazil’s 2005 GDP Estimate from 3.4% to 2.6%

Brazil’s Central Bank (BC) lowered its estimate for this year’s growth in the Gross ...

Good Political and Economic News in Brazil Helps Drag Market Up

Latin American markets were mixed, with Brazilian stocks edging up amid conflicting signals on ...