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Brazil’s Central Bank Eases FX Rules, Expanding Foreign Currency Accounts for Exporters and Investors

New rules from the Banco Central, effective October 1, allow more companies to hold foreign currency accounts domestically, cutting costs for international business.

By Sofia Marin

Published
Brazil’s Central Bank Eases FX Rules, Expanding Foreign Currency Accounts for Exporters and Investors
Photo by Daniel Dan on Pexels

New rules from the Banco Central, effective October 1, allow more companies to hold foreign currency accounts domestically, cutting costs for international business.

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