Brazil's swap rates fall as economy contracts

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Source: Bloomberg
Swap rates in Brazil decreased on Thursday falling for a third straight session after a government report showed that the country's economy surprisingly contracted in the month of September suggesting that central bakers may limit borrowing costs raises. 2015 Brazil swap rates declined fie basis points to 10.81% by 9:33 a.m. Sao Paulo time.

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Thu, 14 Nov 2013 13:21:04 GMT

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