Brazil’s Lula: Want to create a currency that does not make us dependent on one currency

Brazil’s Lula: We want to create a currency or a group of currencies that do not make us dependent on one currency.

Earlier:

• Lula: Brazil strengthening relations with China: Brazil not afraid of US retaliation

• China’s foreign minister meets Brazil counterpart in Beijing
• China is building megaports in South America to feed its need for crops

This article was written by Eamonn Sheridan at www.forexlive.com.