Mantega

Saying Brazil is in the crossfire of a "currency war," Finance Minister Guido Mantega recently blamed countries like the U.S. and Japan for making Brazil's currency expensive by letting their own currencies weaken.

Brazil's Surging Currency Figures in Election John Lyons 2010

With Brazilian Finance Minister Guido Mantega proclaiming that an "international currency war" has begun and International Monetary Fund Managing Director Dominique Strauss-Kahn warning that large-scale intervention is a growing concern, the aggressive central bank moves are expected to give the swooning dollar a temporary respite.

Asia's Currencies to Pull Back, Analysts Say David Roman 2010

While Mr. Mantega gave few specifics, analysts say the nations could help by using some of their foreign-exchange reserves to buy bonds issued by wobbly European countries such as Italy.

Emerging Giants Look at Europe Aid John Lyons 2011

"In the fourth quarter, we will have a different situation," Finance Minister Guido Mantega told reporters Tuesday.

Brazil Growth Slows to a Crawl in 3rd Quarter Jeff Fick 2011

However, Mr. Mantega pegged 2011 growth at closer to 3.2%, although that was down from previous forecasts for a 3.8% expansion.

Brazil Growth Slows to a Crawl in 3rd Quarter Jeff Fick 2011

Brazilian Finance Minister Guido Mantega said Tuesday the world's big developing economies may propose joint aid to help resolve Europe's debt crisis, underscoring worries Europe's problems may become a headache for global capitals from Beijing to Brasilia.

Emerging Giants Look at Europe Aid John Lyons 2011

Mr. Mantega said joint aid would come up as a topic when leaders from China, Brazil, India and Russia gather in Washington in advance of an International Monetary Fund meeting on Sept. 24.

Emerging Giants Look at Europe Aid John Lyons 2011

Having pleaded with euro-zone policy makers to get on top of the region's twin fiscal and banking crises, U.S. Treasury Secretary Timothy Geithner and Brazilian Finance Minister Guido Mantega both declared themselves encouraged by what they had heard.

Why the G-20's Summit in Cannes Cannot Fail Paul Hannon 2011

"We're going to see what we can do to help the European Union get through this situation," Mr. Mantega told reporters.

Emerging Giants Look at Europe Aid John Lyons 2011

Friday's intervention came days after the most recent warning from Brazilian Finance Minister Guido Mantega, who said in late January that the government planned to "continue with our policy of preventing the appreciation of the currency."

Despite Intervention, Brazil's Currency Gains Paulo Winterstein 2012