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Brazil Real Gains as Lula Woos Centrist to Join Ticket

  • Lula says he’d like to have Geraldo Alckmin as running mate
  • Investors see Alckmin as moderating force in Lula’s alliance
Luiz Inacio Lula da Silva shakes hands with Geraldo Alckmin at a presidential debate in 2006.

Luiz Inacio Lula da Silva shakes hands with Geraldo Alckmin at a presidential debate in 2006.

Photographer: MARCOS ISSA/BloombergNews
Updated on

The Brazilian real gained after leftist ex-President Luiz Inacio Lula da Silva, the front-runner in this year’s presidential race, said he would like to have former Sao Paulo Governor Geraldo Alckmin as his running mate.

“We have divergences, and different visions of the world, but I will not have any problem in making a ticket with Alckmin to win the elections and govern this country,” Lula, 76, told local websites on Wednesday, saying for the first time he will seek the support of centrist and even center-right parties before the October vote.