The signal from the central bank is that they won't increase the size of rate cuts.
There has been an improvement in the country's fundamentals and a reduction in external vulnerability. That's allowing the government to lengthen debt maturities at smaller premiums.
We also have Brazil's strong trade surplus, and the reduction in the central bank offering of currency swap contracts, and they are all combining to push up the currency.
Without a doubt the investments flows into Brazil by foreign investors are bolstering the real.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.