Brazil will continue with the 60bn dollar currency intervention program: ‘it’s working adequately’

Tuesday, September 24th 2013 - 08:07 UTC

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Brazil’s central bank chief Alexandre Tombini said on Monday policy makers will continue with their 60 billion dollars currency intervention plan, even after the Real rallied more than any other currency in the world as a consequence of the surprise announcement from the US Fed that for the moment it will not taper the bonds’ buying program to stimulate the US economy Read full article

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ChrisR
I am pleased to see the cautious statement from Tombini and the rebuke he gave to the liar Mantega regarding curtailing the stimulus.

Rousseff, once she gets her head out of her arse over the perceived “threat” to Brazil from the “spying” by America should make Tombini the Finance Minister and be done with the liar.
Sep 24th, 2013 - 12:09 pm - Link - Report abuse 0
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