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Santander to Retap Agencias FII

Mar 4, 2013

Santander is preparing to reopen its fundo de investimento imobiliario (FII) fund, raising BRL354m ($179m), it says. The reopening price is set at BRL110.50...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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