With his slicked-back hair, neatly trimmed, close-cropped beard, and impeccably pressed suits, Luciano Coutinho looks like any other obscure Brazilian banker.
But he is anything but an average banking man.
Coutinho is the president of the Banco Nacional de Desenvolvimento Econômico e Social - Brazil’s national development bank - simply known by its Portuguese acronym, [...]
Governments around the world stepped up efforts to stem the U.S. dollar’s slide, as officials grow increasingly concerned about the impact of the weak greenback on their nascent economic recoveries.
Thailand, South Korea, Russia and the Philippines have been snapping up dollars this week in order to hold down the value of their currencies, traders said [...]
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