Brazil Real, Stocks Rise as President Temer Reassures InvestorsBy and
Local assets seen attractive with new government recovery plan
Prospects for U.S. monetary policy favor emerging markets
Brazil’s real posted its first weekly gain since early August and the Ibovespa rose to a two-year high on speculation local assets will attract foreign investors as interest rates in the U.S. remain low for a longer time and Brazil puts in place a plan to restore growth.
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