UPDATE 2-Brazil's Rousseff says not resigning in political crisis
(Adds currency firming, analysts up odds of Rousseff exit)
By Anthony Boadle
BRASILIA, March 11 (Reuters) - Brazil's President Dilma Rousseff rejected calls for her resignation on Friday amidst a political storm deepened by a massive corruption scandal and blamed her opponents for causing a crisis that has hurt the Brazilian economy.
"No one has the right to ask for the resignation of a legitimately elected president without showing proof that I violated the Constitution to warrant my impeachment," Rousseff told reporters, indicating she has no intention of quitting despite Brazil's worst economic recession in 25 years.
The leftist leader, who was narrowly re-elected in 2014, is losing ground among her coalition allies and faces nationwide demonstrations Sunday organized by opposition parties seeking to rally support for impeaching the president in Congress.
Rousseff said calls for her resignation were damaging the Brazilian economy, which shrank 3.8 percent last year.
"This wave of rumors is creating a political crisis that is absolutely negative for the economy," she said.
Brazil's currency, however, strengthened ahead of Sunday's pro-impeachment protests, ending a third week of gains as investors bet on a change of government ushering in more business-friendly policies to restore confidence and growth.
The real climbed 4.5 percent against the dollar for the week and ended at 3.59 to the dollar, its strongest close since August. Continuación...