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Economic Watch: ”Brazil: the appreciation of the Real triggers the implementation of more FX measures”

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Published on Sunday, July 10, 2011

Economic Watch: ”Brazil: the appreciation of the Real triggers the implementation of more FX measures”

The Central Bank changed reserve requirements on banksâ€™ short dollar positions to take some steam off the Real. Even tough policy makers will continue focused on inflation, more FX measures are very likely.