Reuters: US Dollar Report: Brazil to issue dollar-denominated debt this year-Treasury sec

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Brazil to issue dollar-denominated debt this year-Treasury sec Nov 29th 2012, 17:28 BRASILIA | Thu Nov 29, 2012 12:28pm EST BRASILIA Nov 29 (Reuters) - Brazil plans to issue international debt denominated in U.S. dollars this year, Treasury Secretary Arno Augustin said in a press conference on Thursday. Augustin added that the current exchange rate of Brazil's currency, the real, is "closer to what we believe is best for the economy." At 3:26 p.m. (1726 GMT), the real was trading 0.35 percent weaker at 2.0968 per U.S. dollar.

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