Tag: Guido Mantega

• Thursday, May 6th 2010 - 05:35 UTC

  Brazil Announces Financial Institution to Promote and Finance Exports

  

  Brazil on Wednesday announced long-awaited measures to boost exports at a time when the trade surplus in Latin America's largest economy is shrinking rapidly on a yearly basis. The government will create a lender, named EXIM Brasil, to help finance exports.

• Wednesday, May 5th 2010 - 02:06 UTC

  Brazil to Announce Exports’ Stimuli Measures to Compensate for Strong Real

  

  The Brazilian Government is expected to announce Wednesday a number of exports' stimulation measures in order to try to compensate the area which claims losses caused by the strong Brazilian currency exchange rate and the drop of global commerce.

• Saturday, May 1st 2010 - 01:07 UTC

  Brazilian Central Bank Purchases Dollars to Limit Gains in the Real

  

  Brazil’s Real fell on Friday for the first time in three days as the government stepped up efforts to limit gains in the currency. The real lost 0.6% to 1.7384 per dollar at the end of the week after increasing 2.4% in April and 1.1% for the week.

• Tuesday, April 27th 2010 - 06:08 UTC

  Brazil will Impose Import Levies to Face “Cheap” US Dollar, Unless Accord is Reached

  

  Brazil’s government may take additional steps to limit gains in the local currency Real should advanced economies favor policies that keep their currencies weak, Finance Minister Guido Mantega said.