Brazil will force lenders to maintain the reserve deposits in cash - on
which they will not earn interest. Aldo Mendes, the central bank's director
of monetary policy, said the new curbs had the potential to trim short
positions in the dollar to $10bn from last month's $16.8bn.
http://www.telegraph.co.uk/finance/currency/8245067/Brazil-moves-to-curb-rising-currency.html
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Received on Fri Jan 7 16:45:30 2011
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