⁍ Economy Minister Paulo Guedes said Brazil should join the Organisation for Economic Cooperation and Development within a year.
⁍ He also said higher exchange rate risk is a natural consequence of the policy shift over the last 18 months in Brazil.
– Brazil’s economy minister said Tuesday the country should join the Organization for Economic Cooperation and Development within a year, Reuters reports. Paulo Guedes also said higher exchange rate risk is a natural consequence of the policy shift over the last 18 months in Brazil to looser monetary conditions and tighter fiscal policy.
Source: https://www.reuters.com/article/us-brazil-economy-guedes/brazil-to-join-oecd-in-a-year-economy-minister-guedes-idUSKBN2751W3