Exports to help Brazilian economy in 2016 -central bank director
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)
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