News - Brazil Won’t Undo Easing of Bank Reserve Rules Yet, Estado Says

Sept. 6 (Bloomberg) - Brazil isn’t yet ready to undo the easing of restrictions on bank reserve requirements it made to facilitate credit during the financial crisis, O Estado de S. Paulo cited central bank President Henrique Meirelles as saying.

While access to credit in Brazil is returning, it hasn’t yet reached previous levels, the newspaper cited Meirelles as saying after meeting with Group of 20 finance heads in London yesterday.

Source: Bloomberg.

Popularity: 3%

You may also want to read...

• February 18, 2010 -- News - Brazil Demand Pushes Job Creation to January Record
• November 25, 2009 -- News - Brazil inflows seen robust despite controls-ANBIMA
• November 20, 2009 -- News - Brazil to create 1.3 mln jobs by year end-Lula
• November 18, 2009 -- News - Lula Says Brazil’s 3rd-Qtr GDP Grew at ‘Chinese Pace’
• November 12, 2009 -- News - Brazil economy to grow 9 pct in 4Q, official says
• November 8, 2009 -- News - Lula sees Brazil economy growing 5 pct in 2010
• October 28, 2009 -- News - Brazil state bank frees up billions for Cup stadia
• October 22, 2009 -- News - Brazil leaves rate at 8.75%, meeting expectations
• October 14, 2009 -- New - Brazil September Job Growth Erased Recession Layoffs
• September 26, 2009 -- Article - Brazil Headed Toward Full-Year Growth

Related Content

Subscribe to the post comments feeds or Leave a trackback