Brazil's central bank president want independence

BRAZIL - The autonomy of the Central Bank in the future Brazilian administration was defended by the bank's current president, Arminio Fraga, and by a former one, Gustavo Franco, in Rio de Janeiro.

In an interview granted when he went to vote at the Gavea Golf Country Club, Fraga said that "there are signs" that this should take place soon, Agencia Estado news reported. "I don't know if there is still enough time for this independence to take place this year but this is clearly Congress's inte

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