President Lula cancelled his trip to Canada for the meeting of the G20 major economies as the situation unfolded, sending economy minister Guido Mantega instead.
Brazil's finance minister Guido Mantega declared that an "international currency war" has broken out, with countries competitively trying to devalue their currency so as to boost exports.
Marsh's comments came as the Federal Reserve's Ben Bernanke was beginning to explore the end of QE and one impact was a "withdrawal of liquidity" from markets such as Brazil's.
Guido Mantega - current Brazil's Finance Minister (2006–present) under Luís Inácio Lula da Silva
Guido Reni | Guido Westerwelle | Guido Aleati | Libera Università Internazionale degli Studi Sociali Guido Carli | Guido van Rossum | Guido delle Colonne | Guido Buzzelli | Guido Verbeck | Guido Mantega | Guido Guidi | Guido Gezelle | Guido Calabresi | Guido Cagnacci | Guido Buchwald | Guido Bertolaso | Father Guido Sarducci | Tomás Guido | Guido Tarlati | Guido Maus | Guido Görres | Guido de Marco | Guido Crepax | Guido Bonatti | Guido Baumann | The Dragon's Head and Tail, from Guido Bonatti | Saint-Guidon/Sint-Guido metro station | Luigi Guido Grandi | Kiss Me, Guido | José María Guido | Guido van de Kamp |