RIO DE JANEIRO, May 28 (Xinhua) -- Brazil's Central Bank President Henrique Meirelles said on Thursday the devaluation of the U.S. dollar is a global phenomenon instead of an occurrence restricted to Brazil.

    "There is a global devaluation of the U.S. dollar. It has got nothing to do with the (Brazilian) real," he said during a public audience in the Congress, reminding that the euro rose 2.7 percent compared to the dollar in the past two weeks, while the real rose 2.4 percent.

    The U.S. currency was down 0.14 percent on Wednesday, with the exchange rate closing at 2.015 reais per dollar, the lowest since early October 2008. The devaluation caused the country's exporters to worry that their products' prices in the international market would fall.

    Meirelles denied any intention to take measures to control the exchange rate.

    "There is no success in the exchange control. The attempts at manipulation made by monetary authorities do not succeed," he said.

    Meirelles also said the recent decrease in Brazil's annual basic interest rate Selic, which currently is at 10.25 percent, has nothing to do with the high inflow of dollars registered in the country.

    He said the dollar inflow is a result of more foreign direct investments, more stocks investments, and the retake of credit.

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