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Mantega : Selic Rates Should Continue fall to Reduce Bank Spreads


  • Brazilian Finance Minister said benchmark Selic interest rate should continue its fall in rrder to reduce banking system spreads
  • Mantega added that the Selic rate would only continue to fall if inflation is totally controlled.
  • President Dilma Rousseff's govt has made a priority of reducing Brazil's bank spreads

Published: 2012-05-04 17:06:00 UTC+00

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