巴西央行将减少储备金促经济增长Brazil's central bank has announced plans to reduce the amount of money commercial banks keep in reserve, in a bid to boost economic growth
巴西央行宣布计划减少各商业银行储备金的数额,以推动经济增长
The bank says the measure will free up some $13bn, which banks could lend to businesses and individuals
The Brazilian economy is expected to expand by 1% this year - the fourth consecutive year of sluggish growth
Th e central bank announcement comes less than three months before presidential elections
President Dilma Rousseff will seek a second four-year term in October
In 2010, when she was elected, Brazilian gross domestic product (GDP) grew by 7
Growth dropped to 2
7% in 2011, 1% in 2012 and 2
5% last year
'Chinese dependency' The government is forecasting 1
8% growth this year, but independent e