Bank executive among finalists to be Brazil finance minister

November 21, 2014 3:28 PM

5 0

SAO PAULO/BRASILIA (Reuters) - Respected Brazilian banking executive Joaquim Levy is among three finalists to become the country's next finance minister, and President Dilma Rousseff could announce her pick later on Friday, a government official said.

Investors hope Rousseff will name a market-friendly figure such as Levy, who would signal a shift away from the leftist, interventionist policies they blame for Brazil's stagnant economic growth in recent years.

Also read: Trump's first 100 days: Here's what to expect from the market

Read more

To category page

Loading...