RIO DE JANEIRO, Nov 22 (Reuters) - Brazilian interest rates, already at a record low 5.00%, are expected to continue falling, Economy Minister Paulo Guedes said on Friday, noting that this, and a rebound in economic growth, will spur long-term investment in the country.
Speaking to reporters in Rio de Janeiro, Guedes also said the economy is currently expanding at a rate of “well over” 1%, and that growth next year will certainly be twice as fast as this year.
Reporting by Rodrigo Viga Gaier Writing by Jamie McGeever Editing by Chizu Nomiyama
