Brazil finance chief says he suggested new cenbank head be picked by September

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Brazil finance chief says he suggested new cenbank head be picked by September

BRASILIA - Brazil's Finance Minister Fernando Haddad said on Tuesday that he suggested to the country's president that the nomination of the next central bank head should be revealed between August and September.

The finance chief added that Lula has the information needed to finalize his pick to lead the South American nation's monetary authority, but that no date has been set for the announcement. Gabriel Galipolo, the central bank's current monetary policy director, is widely seen as Campos Neto's likely successor.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

 

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