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Bolsonaro’s re-election hinges on aid, moderation of rhetoric, pollster says

  Bloomberg President Jair Bolsonaro’s ability to further gain ground with voters less than six weeks before Brazil’s election depends largely on the impact of economic relief measures and his ability to moderate his rhetoric, according to leading pollster Ipec. Approval of Bolsonaro’s administration has been slowly but surely improving this year and now stands close to 30% — a ...

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Bank Indonesia debuts operation twist to lure funds, guard rupiah

  Bloomberg Bank Indonesia is undertaking its own version of Operation Twist, selling short-term notes and buying up longer ones, which it says will shore up the rupiah by bringing in foreign inflows. Indonesia’s central bank will sell off shorter-tenor government bonds to boost their yield differential over US rates and attract foreign inflows that would help underpin the currency, ...

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RBC sees rate hikes triggering bigger bills on 80,000 mortgages

Bloomberg Royal Bank of Canada (RBC) said interest-rate hikes may trigger higher monthly payments for about 80,000 customers with variable-rate mortgages. The increases will average about C$200 ($150), a level the lender expects most borrowers can afford, and most of Royal Bank’s variable-rate mortgage customers won’t hit those trigger rates. Less than 0.5% of customers will require so much as ...

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