Brazil Real Advances in the Week as Confidence in Temer Grows

  • Brazil’s currency, stocks among the world’s best performers
  • Central bank placed $500 million reverse FX swaps Friday

Brazil Is Unraveling Before Our Eyes

Brazil’s currency gained for the sixth week in seven, in spite of central bank efforts to limit gains, amid investor optimism that the interim government will win lawmakers’ support for measures to cut the budget deficit and stimulate growth.

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