Tuesday, September 3, 2013

Reuters: US Dollar Report: Brazil works to reduce currency volatility-official

Reuters: US Dollar Report
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Brazil works to reduce currency volatility-official
Sep 3rd 2013, 15:05

BRASILIA, Sept 3 | Tue Sep 3, 2013 11:05am EDT

BRASILIA, Sept 3 (Reuters) - The Brazilian government will work to reduce the volatility of the country's real currency that could negatively impact the economy, Treasury chief Arno Augustin said on Tuesday.

He added that the South American nation holds plenty of international reserves and has solid economic fundamentals to shield its economy from a sharp drop in global liquidity.

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