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Brazil Finance Minister Demands Lower Bank Interest Rates -Report – NASDAQ

Brazil Finance Minister Demands Lower Bank Interest Rates -Report
NASDAQ
SAO PAULO -(Dow Jones)- Brazilian banks must lower their lending rates by between 30% and 40%, and increase lending, without raising fees, to help spur economic growth, Finance Minister Guido Mantega said in an interview with the Folha de Sao Paulo

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