FUTURE OF BRIC NATIONS
BRIC is used in economics to refer to the combination of Brazil, Russia, India, and China which make up over 42% of the world's population. These nations are going to play a major role in the future of global economy.
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The Banco Central Do Brasil reduced the Selic interest rate by another 50 basis points to 11.00% from 11.50% previously.
The People's Bank of China announced a 50 basis point reduction in the required reserve ratios for deposit taking...
The Central Bank of Russia held its benchmark refinancing rate steady at 8.25%. The Bank said: "Considering...
n comparison only 20% of readers voted for ‘other’ measures to stimulate the economy, 15% suggested supporting economic...
The People's Bank of China reduced the required reserve ratio for selected (20) rural cooperative banks by 50 basis...
Today, Indonesia is hailed as a model democracy and is a darling of the international financial community.
The Banco Central Do Brasil dropped the Selic interest rate by another 50 basis points to 11.50% from 12.00% previously.
Top Sources: Future of BRIC Nations
- Times of India
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