Brazil’s Durigan Says Credit Lines Won’t Affect Monetary Policy

Brazil’s Durigan Says Credit Lines Won’t Affect Monetary Policy Credit measures introduced by President Luiz Inácio Lula da Silva’s government do not undermine monetary policy, Finance Minister Dario Durigan said in an interview with local news website G1 published on Saturday. The measures are targeted, sector-specific initiatives and didn’t prevent a more aggressive interest rate cut by Brazil’s central bank in the last Copom meeting, Durigan said. Brazil’s government recently unveiled a new credit and debt renegotiation program aimed at informal workers.