Lagarde visits Brazil in campaign for IMF job

France’s finance minister Christine Lagarde held talks in with her Brazilian counterpart on Monday in a bid to enlist support for her candidacy for the post of next chief of the International Monetary Fund.

Christine Lagarde told Guido Mantega and Brazil’s central bank chief Alexandre Tombini that the main priority was “to continue and deepen reforms” in running the IMF.

She emphasised the need for “relatively stable and predictable” exchange rates, in response to criticism from emerging economies that the low value of the US dollar impacts negatively on their respective currencies.


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