Brazil's central bank - a question of independence

FEATURE - Brazil's central bank president, Arminio Fraga, may appear the only sure thing in Brasilia these days as election fever grips the capital of South America's number one economy. But the question to be asked is, for how long?

Technically, the correct answer is the last working day of 2002, when Fraga's term, along with the government's, ends reports Reuters.

If it was up to financial markets, however, Fraga would stay on and head the Central Bank when a new government takes office in

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