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Amcommon oneda for Mercosur, in the same way as the European Union to the euro. This is the idea that slipped Paulo Guedès, Minister of Economy of Brazil. For him, the emergence of a single currency would benefit the countries of the Southern Common Market (Mercosur).
El funcionario deslizó the idea in una reunión de la Comisión de Asuntos Exteriores del Senado brasileño: “Aunque cada Estado puede tener su propia política fiscal, Brasil debería imaginar una relación más cercana, con un área de libre comercio”, public defendió durante from Brazil.
“We could have full interaction and, in that sense, Brazil would play a role like Germany’s in Europe.”
The Minister considered that in 15 or 20 years there will only be five or six major currencies in the world, including the euro, the Chinese yuan and the American dollar, so he urged follow the example of the European Union.
“Blessing”
“Europe started with a common market, then led to uniformity of exchange rates, and eventually came to monetary union, the peak of integration, ”said the minister, as published by El País.
For Guedes a common currency would be a “blessing“for the region and would work together to solve economic problems.
“Argentina practically lost the currency due to 50% inflation, in Venezuela hyperinflation, Ecuador was forced to switch to the dollar. In the future, the path of monetary integration could be followed, “said the Brazilian.
Finally, he said that, if the idea comes to fruition, the Central Bank of Brazil can become the central mechanism for the integration of the new currency in South America.
Valorinveste.globo, Rt, ElPais.cr.
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