November 8, 2019 / 3:00 PM / 8 days ago

Brazil private interest rates have not fallen enough -cenbank chief

SAO PAULO, Nov 8 (Reuters) - Brazil’s central bank chief Roberto Campos Neto said on Friday that interest rates have not fallen as much as desired on 90% of private loans.

Speaking at an event in São Paulo, he reaffirmed that the central bank has no foreign exchange target. (Reporting by Marcelo Rochabrum Editing by Chizu Nomiyama)

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