ABU DHABI / WAM The National Centre of Meteorology (NCM) has forecast that tomorrow’s weather …
Read More »Brazil holds key rate, signals no cuts in sight
Bloomberg Brazil held its benchmark interest rate at a record low and signaled that a period of weaker-than-expected growth is still insufficient for reduced borrowing costs. The bank’s board, led by its President Roberto Campos Neto, voted unanimously to keep the Selic rate unchanged at 6.50 percent. The monetary authority has held borrowing costs steady for roughly a year. In …
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