UPDATE 1-Brazil cenbank nominee Volpon says fx near equilibrium

April 14, 2015 3:48 PM

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BRASILIA, April 14 (Reuters) - Tony Volpon, nominee to Brazil's central bank board, said on Tuesday he sees the local real currency near or already at its equilibrium level despite lingering uncertainties with the global economy.

In unusually frank comments by an official, Volpon, a former economist with Nomura Securities, said the bank should also work to lower the official inflation target range in the future.

Also read: ECB, keeping rates unchanged, stays quiet about future policy

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