http://www.gwm-tv.com - Brazil's Central bank president Henrique Meirelles has said that the country's economy will be protected as steps taken to stop the dollar weakening further look unlikely.
Brazilian policy makers will 'take the necessary steps' to prevent bubbles from forming as monetary policies carried out by nations including the US cause 'excessive' inflows to emerging economies.
Meirelles highlighted the need for the Real to be protected from imbalances as the global currency war rages on.