Brazil's cenbank remains firm in pursuing inflation target, incoming chief says
SAO PAULO, Nov 28 (Reuters) -Brazil's incoming central bank chief, Gabriel Galipolo, said on Thursday during an event in Sao Paulo that the monetary authority remains firm in its goal of pursuing the inflation target.
The remarks by Galipolo, who is currently director for monetary policy at the central bank, come as the Brazilian real reached record lows on Thursday as markets reacted negatively to the government's proposal to broaden income tax exemptions.
Reporting by Isabel Teles and Fabricio de Castro in Sao Paulo; Editing by Kylie Madry
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