BNP's Carvalho on Brazil Central Bank Rate Rise

BNP's Carvalho on Brazil Central Bank Rate Rise Play

Oct. 10 (Bloomberg) -- Marcelo Carvalho, chief economist for Latin America at BNP Paribas Brazil SA, talks with Bloomberg's Marisa Castellani about the Brazilian central bank's decision to raise its main interest rate for a fifth straight time. The bank’s board voted unanimously to raise the benchmark Selic to 9.5 percent from 9 percent. (This report is in Portuguese. Source: Bloomberg)

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