Brazil central bank scraps reserve requirement to support currency
SAO PAULO, June 25
SAO PAULO, June 25 (Reuters) - Brazil's central bank said on Tuesday it would eliminate reserve requirements on banks' short-dollar positions beginning July 1, a measure supporting the local currency after it slid to a four-year low this month.
- Target confirms major card data theft during Thanksgiving
- UPDATE 3-Saab wins Brazil jet deal after NSA spying sours Boeing bid
- Facebook, Zuckerberg, banks must face IPO lawsuit: judge
- As Modi storms into India's election, a quiet alternative emerges
- U.S. prosecutor defends treatment of Indian diplomat |