BRASILIA, Oct 22 (Reuters) - Brazilian President Jair Bolsonaro arrived on Friday afternoon at the Ministry of Economy to talk to Economy Minister Paulo Guedes, amid rumors the minister wants to quit the job.
Ministry sources, however, told Reuters Guedes has not resigned. Brazil’s currency and stocks extended losses on Friday following an exodus of senior Treasury officials triggered by Bolsonaro’s plans to ramp up spending ahead of next year’s election. (Reporting by Anthony Boadle Editing by Chris Reese)
Our Standards: The Thomson Reuters Trust Principles.