Monday, September 30, 2013

Reuters: US Dollar Report: Brazil's exchange rate at more competitive level -Mantega

Reuters: US Dollar Report
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Brazil's exchange rate at more competitive level -Mantega
Sep 30th 2013, 13:25

SAO PAULO, Sept 30 | Mon Sep 30, 2013 9:25am EDT

SAO PAULO, Sept 30 (Reuters) - Brazil's exchange rate at current levels will bolster the competitiveness of local manufacturers and help exporters, Finance Minister Guido Mantega said on Monday.

The Brazilian real strengthened 1.32 percent to 2.2266 per U.S. dollar early on Monday.

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