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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (1469)	1/22/2015 12:30:59 AM
From: elmatador	Respond to of 2504

Brazil raises interest rate to 3-year high to battle inflation By Reuters \| 22 Jan, 2015, 10.33AM IST RASILIA: Brazil raised interest rates to a more than three-year high on Wednesday, maintaining an aggressive pace of monetary tightening to arrest high inflation and win back investors disillusioned with the once-booming economy. In a widely expected move, the central bank's eight-member monetary policy committee, known as Copom, voted unanimously to raise its benchmark Selic rate by 50 basis points for the second straight time to 12.25 per cent- its highest level since August of 201 .. Read more at: http://economictimes.indiatimes.com/articleshow/45975204.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst