Set to launch on July 11, the app's developer seeks to expand financial inclusion by providing fully digital banking services and transactions.
Such a move would cost the Brazilian company about US$260mn in investments to restore just a blast furnace and a continuous casting line, according to sources.
Annual inflation climbed to 5.60% in June. The church called off peace dialogue efforts following attacks on high-ranking clergy while a general strike is planned for Friday.
The regulator's head faces allegations of having favored the Brazilian company in projects like the expansion of the El Salitre wastewater treatment plant.