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By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Financial institutions consulted by the Central Bank (BC) of Brazil reported that the projected growth of the Brazilian economy in 2017 increased from 1.1 percent to 1.2 percent. The estimates are part of research done every week by the BC on key economic indicators, and published each Monday.

In 2016, the Central Bank retains the estimated retraction of the economy. The downward projection of the Gross Domestic Product (GDP), the . . .

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