Monday, July 23, 2012

Reuters: US Dollar Report: Brazil not yet feeling full effect of stimulus-cenbanker

Reuters: US Dollar Report
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Brazil not yet feeling full effect of stimulus-cenbanker
Jul 23rd 2012, 18:54

BRASILIA, July 23 | Mon Jul 23, 2012 2:54pm EDT

BRASILIA, July 23 (Reuters) - Brazilian central bank president Alexandre Tombini said on Monday that the full effects of recent fiscal and monetary stimulus have not yet been fully seen in the economy.

He added that local delinquent loan rates began to fall in June, but that the international scenario still carries a high level of uncertainty.

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