Brazil's Furlan wants real at 2.94-2.95 to dollar

Newswire

BRASILIA, Brazil, Nov 26 (Reuters) - Brazil's trade minister on Friday said he wanted Brazil's currency, the real , to weaken to the value of the Argentine peso , or about 2.94 to the U.S. dollar, to keep exports competitive. "How much is the Argentine peso worth? Between 2.94, 2.95 to the dollar? Well, we want a real in line with the Argentine peso," Luiz Furlan told Reuters when asked if he were worried about the current strength of Brazil's currency. The real was at a two-and-a-half ...

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