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Brazilian Banks to Provide Inflation-Adjusted Housing Loans

RIO DE JANEIRO, BRAZIL - Banks will be able to offer inflation-adjusted housing loans. The National Monetary Council (CMN) has approved a resolution allowing new financing from the Housing Finance System (SFH) to have the outstanding balance updated by price indices.

The resolution was approved in the CMN extraordinary meeting on Wednesday morning, August 14th, but was only released by the Central Bank (BC) on Thursday, August 15th, at the end of the night, after the president . . .

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