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Brazil's central bank says changes reserve requirement rules
May 28, 2015 / 11:38 PM / 3 years ago

Brazil's central bank says changes reserve requirement rules

BRASILIA, May 28 (Reuters) - Brazil’s central bank said on Thursday it has changed reserve requirement rules for rural and real state savings as well as term deposits.

In a joint decision with the country’s top economic body, the national monetary council, known as CMN, the bank said that the measures were neutral for monetary policy.

Reporting by Alonso Soto; Editing by Lisa Shumaker

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