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Brazil cb to maintain curent monetary policy

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Brazil's central bank governor has said the Bank will maintain its current stance on monetary policy despite the resignation of the director of economic policy.

Source: The Wall Street Journal

Brazil's central bank President, Henrique Meirelles, has said that the government's monetary policy remains on track despite the resignation of Ilan Goldfajn.

Mr Goldfajn, the central bank's director of economic policy, quit after the monetary authority defied calls from government and industry leaders to cut

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