Brazil economy faring better than pessimists think -central bank
BRASILIA, Sept 18
BRASILIA, Sept 18 (Reuters) - Pessimism about the Brazilian economy is not warranted by recent data, which shows local industry gradually recovering, central bank chief Alexandre Tombini told lawmakers in a congressional hearing on Wednesday.
Tombini also reiterated that the central bank will use all instruments at hand to reduce volatility in the foreign exchange market.
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