The Undollar Digest

Brazil in ‘Currency War’ Alert

Jonathan Wheatley and Peter Garnham, Financial Times, www.ft.com, 09/27/2010
An “international currency war” has broken out, according to Guido Mantega, Brazil’s finance minister, as governments around the globe compete to lower their exchange rates to boost competitiveness.
Mr Mantega’s comments in Sao Paulo on Monday follow a series of recent interventions by central banks, in Japan, South [...]


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