“Dollar should have already fallen, but political noise doesn’t allow”, says Guedes

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Minister of Economy participated in MacroDay 2021, an event of BTG Pactual bank. Guedes defended currency between R$ 3.80 and R$ 4.20

For the Minister of Economy, Paulo Guedes, the dollar, which is above R$ 5.20, only has not fallen because there is a “political noise”. The statement was made this Tuesday, 14th, during MacroDay 2021, an event held by BTG Pactual bank (from the same group that controls EXAME).

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“The exchange rate should be between R$ 3.80 and R$ 4.20”, said Guedes when questioned by Mansueto Almeida, chief economist at BTG Pactual. The minister also assessed that the country would be growing more, if the government had a base of support in the Chamber and Senate.

Despite the criticism, Guedes said this is part of the democratic game. As an example, he cited the proposal to increase the Bolsa Família to R$300. “The ceiling was an issue equated with this amount. But when I sent the text, a meteor arrived [a intenção de aumentar para até R$ 400]”, he said.

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palheta smll “Dollar should have already fallen, but political noise doesn't allow”, says Guedes

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