RIO DE JANEIRO (Reuters) – Brazilian Economy Minister Paulo Guedes said on Thursday that the Federal Reserve is in talks with the Brazilian central bank to implement Pix instant payment system in the United States.
Speaking at an event hosted by Sebrae, which promotes the competitiveness of small businesses, the minister predicted the company’s gross debt would fall to 76.6% of gross domestic product after the development bank BNDES returns 90 billion reais ($17.26 billion) to the Treasury, which he said would happen soon.
($1 = 5.2130 reais)
(Reporting Rodrigo Viga Gaier, Writing by Marcela Ayres; Editing by Steven Grattan)
