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Brazil Hikes Rates by 50 Basis Points

Thu 30 May 13 | 01:20 AM ET
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Brazil Hikes Rates by 50 Basis Points

Thu 30 May 13 | 01:20 AM ET
Luis Costa, EM FX strategist at Citi, tells CNBC that Brazil is stuck in a high inflation and slow growth and consumption is not growing at all.
 
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