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Guido Mantega Quotes

Guido Mantega is an Italian Brazilian economist, and politician who was Brazil's Finance Minister. Mr Mantega served as Brazil's Finance Minister for more than eight years, being the longest-serving Finance Minister in the history of Brazil. Wikipedia  

✵ 7. April 1949
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Guido Mantega Quotes

“Today we are practically living a trade war, a currency war because the exchange rate today is one of the important factors to determine the competitiveness or not of products. Generalized currency depreciation in my view is an explicit strategy used by countries and that threatens us.”

Guido Mantega

Speech at the seminar " The Role of Industry in the Growth of Brazil https://www.fazenda.gov.br/divulgacao/noticias/2010/setembro/governo-nao-pretende-taxar-investimentos-estrangeiros-diz-mantega" organized by the Getulio Vargas Foundation, September 27, 2010

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