BRASILIA (Reuters) – Brazil’s lower house Speaker Rodrigo Maia said on Wednesday the new coronavirus pandemic is having an impact on the Brazilian economy.
The Brazilian currency weakened 1.27% to 4.70 reais to the dollar in mid-afternoon trading as investors feared the consequences of coronavirus and the government cut its 2020 GDP growth forecast to 2.1%. Brazil has so far had 34 confirmed cases of the virus and no deaths.
(Reporting by Anthony Boadle; Editing by Chizu Nomiyama)
