Brazil Finance Ministry to announce new economic measures

BRASILIA, June 12 Wed Jun 12, 2013 5:42pm EDT

BRASILIA, June 12 (Reuters) - Brazilian Finance Minister Guido Mantega will announce new economic measures at a news briefing later on Wednesday, the ministry said in a statement.

The new measures come amid growing speculation the government will remove more capital controls to limit the sharp depreciation of the Brazilian real. Local media has also said the government could announce measures to reaffirm its commitment to fiscal responsibility.

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