October 18, 2010 / 8:23 PM / 9 years ago

Brazil's top economic officials won't attend G20

* Brazil’s Mantega will not attend G20 due to FX issues

* Brazil’s Meirelles will also not go to G20 this week

* Cancellations come ahead of Brazil’s election run-off

BRASILIA, Oct 18 (Reuters) - Brazil’s top economic officials will not be attending meetings of Group of 20 finance ministers and central bank governors in South Korea this week, the finance ministry and central bank press offices said on Monday.

Finance Minister Guido Mantega canceled his trip because of currency issues, the press office confirmed, adding that he had just come back from an international trip and would be accompanying President Luiz Inacio Lula da Silva to the Group of 20 leaders meeting next month.

Reuters reported on Friday that Mantega would not be attending the meeting and would unveil new currency measures aimed at containing a rapid rise in the real BRBY this week. For more see [ID:nN15261854].

Central Bank President Henrique Meirelles will also not be attending the G20 this week because the bank holds its monetary policy meeting on Tuesday and Wednesday, the press office of the central bank said.

Latin America’s largest economy has sought to project itself onto the international stage in recent years, and the G20 has been an important forum for its increasing clout as a major emerging market.

Brazil also holds presidential run-off elections on Oct. 31. (Reporting by Ana Nicolaci da Costa; Editing by James Dalgleish)

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