[uam_ad id="317182"]

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The recent decline of international petroleum prices to a range between US$50-60 per barrel may bring benefits to the Brazilian trade balance, says Central Bank President Alexandre Tombini. Speaking on Wednesday, December 17th at a breakfast event with journalists in Brasilia, Tombini said from the trade balance and inflation point of view, the lower oil price to countries like Brazil is favorable.

“We are net importers . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?