Foreigners are coming in and buying Latin American stocks, especially Brazilian. The country is still attracting a lot funds. |
The commodity price boom is something that's very supportive for Brazil. The real is likely to appreciate. |
The current-account surplus showed they've still got money coming into the country and the currency is undervalued. The current-account surplus certainly isn't under any threat. |
The overall background is positive for Brazil, foreign investors are going in, and investors have a very strong, positive view on the country. There's reason to feel very positive about the real. |