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M.PRESS/ Business groups are lobbying President-elect Dilma Rousseff to lower the REAL vs the USD. “It’s hard to establish an ideal price for the export-dollar, but different manufacturing sectors suggest anywhere between 2 and 2.2 Real to the US dollar”, said exporters lobbyist Robson Braga.
And the media are speculating that Rousseff will remove central bank chief Henrique Meirelles (pictured), replacing him with Luciano Coutinho, after she takes office 1 Jan. and lobby for lower borrowing costs at the first meeting to review SELIC interest rates.
FOR SELIC STORY, SEE:
http://www.businessweek.com/news/2010-11-08/brazil-interest-rate-yields-fall-as-rousseff-may-seek-selic-cut.html
