Senate approves Azevedo as Brazil's mp director

Rodrigo Azevedo, the nominee for central bank of Brazil monetary policy director, told the senate this week he would seek to keep the currency stable and fight inflation.

"The main role of the monetary authority in stimulating a larger economic growth in the long term is clear: to ensure price stability and preserve the value of the currency," Azevedo, 39, said in testimony to the Senate's Economic Affairs Committee in Brasilia, which unanimously approved his nomination for the bank's monetary