Exports to help Brazilian economy in 2016 -central bank director

viernes 21 de agosto de 2015 12:14 GYT
 

BELO HORIZONTE Aug 21 (Reuters) - Rising exports should help the Brazilian economy in 2016 despite lingering uncertainties that could drag down activity, central bank board member Luiz Awazu Pereira said on Friday.

Speaking a press briefing in the city of Belo Horizonte, Pereira said that expectations for an economic contraction in 2016 may be overly pessimistic.

A weakening Brazilian currency, the real, has improved exports this year by lowering costs for producers. (Reporting by Alonso Soto; Editing by Bernadette Baum)