President of the opposition Brazilian Social Democracy Party (PSDB) and presidential candidate Aecio Neves speaks during a meeting with businessmen at the National Agriculture Confederation headquarters in Brasilia, August 6, 2014. REUTERS/Ueslei Marcelino
BRASILIA (Reuters) - If Aecio Neves wins the presidency this October, he would allow Brazil's currency to float freely, leaving the market to set the exchange rate in a move that would likely help local industries struggling with a strong real.
Mansueto Almeida, a top economic adviser to the Neves campaign, told Reuters on Thursday that a free floating real will help restore balance to Brazil's external accounts and make Brazilian manufacturers more competitive.
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