Brazil seeks currency alternatives for trade without fighting dollar, says Lula

SAO PAULO, May 13 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Tuesday during a visit to China that Brazil does not want to fight the U.S dollar, but rather finding a solution that would allow trade without depending on a single currency.

"What we want, actually, is create a way to find a currency or a group of currencies that would allow us to do business without depending on a single currency," Lula told reporters in his final remarks during the trip, after being asked if current conditions were favorable for the BRICS group of development nations to create a common currency.