Brazil exchange rate to be more stable -central bank director

BRASILIA Thu Dec 20, 2012 9:59am EST

Related Topics

BRASILIA Dec 20 (Reuters) - Brazil's central bank expects a more stable exchange rate for the country's currency than in the previous 12 to 15 months, central bank board member Carlos Hamilton Araujo said on Thursday.

At 12:52 p.m. (1452 GMT), Brazil's currency, the real , was trading 0.27 percent stronger at 2.0636 per U.S. dollar.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article