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KM Financial Solutions | UPDATE 2-Brazil holds rates despite weak currency; strike raises uncertainty
20116
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UPDATE 2-Brazil holds rates despite weak currency; strike raises uncertainty

19 Jun UPDATE 2-Brazil holds rates despite weak currency; strike raises uncertainty

Posted at 22:22h in News by
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BRASILIA/SAO PAULO, June 20 (Reuters) – Brazil’s central
bank kept interest rates unchanged on Wednesday, as expected,
refraining from hiking even after a sharp currency slide as
policymakers highlighted the unclear impact of a nationwide
protest by truckers in late May.

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