By Bloomberg News
Brazil, which saw imports from China surge 61 percent last year, may ask the World Trade Organization to look into what action can be taken against countries that weaken their currencies, a Finance Ministry official said.
Carlos Marcio Cozendey, the ministry’s international affairs secretary, said the government hasn’t decided whether to consult the Geneva-based WTO and that it’s too early to say if global trade rules apply to currency policies. He said he wasn’t referring to any specific country or currency.
