BRASIL: C.Bank Imposes New Taxes On Bonds, Overseas Credit Card Purchases.

BLOOMBERG /

   In an attempt to curb foreign cash inflows that have pushed up the value of the REAL, the C.Bank has imposed a tax of 6% on international bond sales and loans with maturities of up to 360 days.
   The REAL has gained 39% vs usd since the end of 2008.
   Additionally, according to the WSJ, the tax on overseas credit card purchases was raised to 6.4% from 2.4%.