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Brazil Flash: For the COPOM, the exchange rate depreciation is a “natural and expected” transition to normality, but entails risks

Published on Thursday, July 18, 2013

Brazil Flash: For the COPOM, the exchange rate depreciation is a “natural and expected” transition to normality, but entails risks

Today’s minutes reinforce our SELIC forecasts and reduce the chance of a longer tightening cycle

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