Brazil Real Gains as Goldfajn’s Hearing Reassures Investors

  • Central bank nominee says he’s committed to floating real
  • Prosecutor-general said to ask for the arrest of PMDB members

Brazil Is Unraveling Before Our Eyes

Brazil’s real advanced after the nominee to lead the central bank, Ilan Goldfajn, revived hopes that the government’s newly named economic team can restore confidence in the economy.

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