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Brazil Keeps Federal Debt Below Forecasts with 3% Drop
In September, Brazil’s Federal Public Debt (FPD) decreased by 3%, settling at 6.028 trillion reais, approximately 1.2 trillion dollars. The National Treasury said the reduction mostly came from bonds reaching maturity dates. For some background, the FPD crossed the 6 trillion reais mark for the first time in April. The recent drop keeps the debt […]