Reports say Brazil's Meirelles will keep job

Brazilian president Luiz Inacio Lula da Silva ruled out the possibility of replacing central bank chief Henrique Meirelles, according to media reports Wednesday 14 February.

Brazilian news agency Estado said that despite criticism from his Workers' Party (PT) of monetary policy decisions since 2003, Lula confirmed to his ministers and legislators on Tuesday that he will keep the banker Meirelles as head of Brazil's central bank.

'I was always fully conscious that I could not destabilize the eco

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