ABU DHABI/WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Brazil swaps rise on bets inflation fight to delay rate cuts
Bloomberg Brazil’s swap rates rose to the highest level in two months after the central bank said it sees no room to cut borrowing costs that are near a decade high as inflation hasn’t been moderating fast enough. Swap rates on the contract maturing January 2018 rose 0.06 percentage point to 12.88 percent at 10:35 a.m. in Sao Paulo. ...
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