BrazilPresident rousseff, 28, said the United States to stimulate the economy "hundreds of billionsThe dollar"Severe" prevalent in globalThe exchange rateDevalued. "but she also stressed that Brazil has can resist the phenomenon of" weapons ".
Rousseff told the local radio station, the dollar is still the world's most safety investment, and thus get the enthusiasm of investors, "this is the consequences of financial globalization, not about (Brazil) economic policies can."
However, rousseff also stressed that Brazil has "weapon" to resist the impact, because "we" is one of the largest foreign exchange reserves.After revealed that Brazil still have $372 billion of reserves, she pointed out that this is equivalent to the real currency has a resistance to fall "cushions".
In addition, rousseff also said that despite the global exchange rate shocks, Brazil's economy is still not stop growing,inflationUnder control, the unemployment rate continues to remain below 7%.All of these show that the Brazilian economy "has a more stable environment than in other countries.
Influenced by the fed may be the end of quantitative easing, universal impact on emerging market currencies.Since the beginning of the year, the Brazilian currency has depreciated by more than 15%, against the us dollar in the lowest in four years, and to form a larger pressure on inflation.
For this, on the 22nd of this month, Brazil's central bank announced to take emergency measures, at the end of the year will use its $60 billion reserves, to intervene in the market and the real exchange rate stable.The central bank of the measure have already produced results.