Brazil and Argentina to discuss common currency

Published by
Reuters

By Lisandra Paraguassu BUENOS AIRES (Reuters) – Brazil and Argentina aim for greater economic integration, including the development of a common currency, Brazilian President Luiz Inacio Lula da Silva and Argentine leader Alberto Fernandez said in a joint article they penned. “We intend to overcome the barriers to our exchanges, simplify and modernize the rules and encourage the use of local currencies,” says the text published on the Argentine website Perfil. “We also decided to advance discussions on a common South American currency that can be used for both financial and commercial flows, r…

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