Brazil Economy : Brazil Investment : Brazil Government : Brazil Trade : Brazil IPE Analysis & News

The Brazil’s Central Bank raised the country’s banking reserve requirements in order to reduce liquidity in the Brazil economy according to WSJ.

The key driver of the move by the Brazil Central Bank is to pull back on measures enacted to fight the negative impact on the Brazil economy from the global financial crisis and Brazil recession.

The move puts the term deposit requirement at 15 percent up from 13 percent.

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