Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Arran Yuan who wrote (61493)	2/25/2010 6:35:00 AM
From: elmatador	Respond to of 218747

money that lenders must keep in reserve at CB will rise to almost the same level as before the global credit crunch pushed Brazil into recession in the last quarter of 2008. The new rules start taking effect March 22, the central bank said in a statement late yesterday. businessweek.com Any pressure and the money flows from CB into economy. ... To bolster economic growth, policy makers beginning in September 2008 injected about 100 billion reais into the economy by lowering the amount of money that banks must keep on reserve with the central bank. The bank also cut the so-called Selic benchmark lending rate to a record 8.75 percent in July 2009.