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Brazil's Stuttering Credit Growth

Wed 30 May 12 | 01:40 AM ET
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Brazil's Stuttering Credit Growth

Wed 30 May 12 | 01:40 AM ET
John Hydeskov, chief analyst at Danske Bank, told CNBC, "Brazil is clearly dependent upon what is going on in the rest of the world, exports are massively important. It is the next round where we see these emerging market economies standing more on their own legs, it is too early now and the currencies will suffer if we see a slowdown."

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Brazilian Real
 
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