Brazil cbanker - carry trade not key factor for real

Tue Nov 3, 2009 1:06pm EST
 
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OXFORD, England, Nov 3 (Reuters) - The president of Brazil's central bank said on Tuesday that the carry trade was not a key factor for the country's real currency.

"The carry trade at this point is not relevant. It might become so sometime," Henrique Meirelles said, speaking in the ancient English university town of Oxford, where he was delivering a lecture.

 

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