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P&G, Philip Morris cite currency as culprit for weaker second-quarter results.
Deposits lowest in seven months after central bank stops paying interest on overnight funds.
Benchmark rate lowered for eighth time, to record 8%.
Concessions provide more time to reduce deficit in exchange for deeper cuts.
At June FOMC meeting, a few policy makers saw need for Fed to do more.
Allison Transmission finance chief David Graziosi assembled the companys finance function after it separated from parent GM.
