Brazil's director of monetary policy says the central bank will maintain its policy of keeping...

|By:, SA News Editor

Brazil's director of monetary policy says the central bank will maintain its policy of keeping dollar reserves, and will "diversify at the margin."  The rout of the U.S. stock market is contagious across the Americas: Brazil -9%, Argentina -8.3%, Chile -7.1%, Mexico -5.1%, Canada -4%.