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Home>Brazil Frees Up More Funds for Bank Loans

Brazil Frees Up More Funds for Bank Loans

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Fri, 25 Jul 2014

By Rogerio Jelmayer SÃO PAULO--Brazil's central bank on Friday announced measures intended to boost economic growth by freeing up more money for banks to loan out. The central bank reduced the amount of money that banks are required to keep as reserves from certain term deposits, which should free
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