London, Nov. 15.
Following a report from Rio de Janeiro that a decree would be issued restoring complete freedom of trading in the exchange market, forward milreis topped 2]: d to-day compared with 21d on Friday.
Traders are eagerly awaiting further details of the decree and, though it is believed that this measure is a step in the right direction. they are particularly anxious to know when ther the Government will allow ce panies to transfer funds freely to London.
Brazilidn bonds opened mainly nominal, though prices closed some-on the statement by id's to the effect that it is understood that any tempo: suspension of service on the Bra external debt will not apply Brazilian arrears of the Exchange Agreement of 1933, nor to the Brazilian 4 per cent. Sterling Stock, By investing in
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