Meirelles says Brazil can stand Argentine default

President Henrique Meirelles of the Banco Do Brasil has said his county's economy can weather a possible default by the Argentine government on its $3.1 billion debt to the IMF, Brazilian newspaper Estado de S. Paulo reported.

The Brazilian economy's fundamentals have improved in the past year, and the country is more resilient against external crises, the newspaper cited Meirelles as saying at a Bank for International Settlements conference yesterday in Basel, Switzerland.

The central banker t

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: