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Business & Finance

Brazil's c.bank chief says will react to forex disruptions

NEW YORK: Brazilian central bank chief Alexandre Tombini said on Monday that the bank will react to disruptions in for
Published February 25, 2013

00-020NEW YORK: Brazilian central bank chief Alexandre Tombini said on Monday that the bank will react to disruptions in foreign exchange markets.

 

"We will react to any disruptions in the foreign exchange market," Tombini said, speaking at a New York event.

 

The bank will move to "shave off" excessive volatility, he added.

Copyright Reuters, 2013

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