Tuesday, June 4, 2013

Reuters: US Dollar Report: Brazil may have to live with weaker currency -cbank director

Reuters: US Dollar Report
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Brazil may have to live with weaker currency -cbank director
Jun 4th 2013, 14:28

LONDON, June 4 | Tue Jun 4, 2013 10:28am EDT

LONDON, June 4 (Reuters) - Brazil will have to live with a weaker real if its recent depreciation against the U.S. dollar is in line with the movement of other currencies, central bank director Aldo Mendes said on Tuesday.

Mendes said that if the depreciation of the real "is in line with other currencies, there is nothing we can do."

"While the real is walking (in line) with all other currencies in a global movement, it is normal and we have to live with this," Mendes said at an investors' event in London.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.