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Brazil's central bank president Tombini reiterates his commitment to continue cutting rates...
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Monday, February 27, 2012, 7:45 AM ETBrazil's central bank president Tombini reiterates his commitment to continue cutting rates despite a survey showing current real rates are inconsistent with keeping inflation below the bank's 4.5% mandate. Tombini also says the bank will continue buying dollars to combat the real's rise, +9.2% YTD.
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