Alana Gandra
Reporter - Agência Brasil

Rio - The minister of Development, Industry, and Foreign Trade, Luiz Fernando Furlan, said yesterday (5) that the government is thinking about a way to maintain a floating exchange rate that offers fewer risks to investors.

Furlan made this observation at the International Conference of American Chambers of Commerce in Latin America, responding to US entrepreneurs who indicated that exchange rate instability makes it difficult to invest in Brazil.

The minister emphasized that the last few days "are demonstrating that the currency exchange market has already grown calmer." In his view, Brazil is fully capable of easing the mind of investors.

Translation: David Silberstein