Those with a bit of memory will be pleased to see a withdrawal of a proposal that would have...

|By:, SA News Editor

Those with a bit of memory will be pleased to see a withdrawal of a proposal that would have expanded the Brazilian central bank's mandate to include targeting growth as well as inflation. Some other good news for owners of reals, inflation in October slowed to a 6.97% Y/Y pace from 7.31% in September. Real ETF: BZF flat YTD.