Brazil debates intervention in currency market

A debate has emerged in Brazil regarding the central banks intervention in the currency market after the government said last week it would not be desirable for the real to strengthen further.

Source: Reuters

The strength of the Brazilian Real has triggered a national debate over central bank intervention in the currency market.

President Luiz Inacio Lula da Silva last week shook financial markets with suggestions of government interference. His warning last Thursday that the Real should "not st

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