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Brazil Flash: ”Government adopts a new scheme to remunerate saving accounts and eliminates a barrier for moving the SELIC down”

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Published on Thursday, May 3, 2012

Brazil Flash: ”Government adopts a new scheme to remunerate saving accounts and eliminates a barrier for moving the SELIC down”

The government decided to face the political costs of changing the rules governing the remuneration of the poupanÃ§a (the most popular form of savings accounts in the country).