Brazil Real Rises as Wage Veto Overshadows Emerging-Market RoutBy
President Temer vetoed wage increase for some public workers
Domestic optimism offsets a drop in crude oil prices
Brazil’s real rose as positive sentiment generated by President Michel Temer’s veto of a wage increase for some public workers overcame a rout in emerging-market currencies.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.