UPDATE 1-Shares in Brazilian banks down after cap on overdraft interest rates
Shares in Brazil’s biggest
lenders were down nearly 1% in early Thursday trading after the
country’s monetary policy committee imposed a cap on interest
rates on overdraft credit, in a move likely to reduce their
profits.
lenders were down nearly 1% in early Thursday trading after the
country’s monetary policy committee imposed a cap on interest
rates on overdraft credit, in a move likely to reduce their
profits.
Posted by Reuters
