Brazil's central bank econ director resigns

Brazilian central bank economic policy director Afonso Bevilaqua resigned Thursday 1 March citing "personal reasons" and an interest in "pursuing new projects," the central bank said in a statement.

Bevilaqua's position will be taken up for an indefinite period by Central Bank Special Studies Director Mario Mesquita, the central bank said.

Bevilaqua had served as economic policy director for nearly four years.

Central bank president Henrique Meirelles tried to downplay speculation that Bevilaqu