Brazilian currency boosted by lower inflation in the U.S.

  While domestic turbulences remain, the Brazilian currency experiences a relief thanks to an external factor. Itau-BBA’s report indicates that emerging market currencies were favoured by lower-than-estimated inflation in the U.S. According to the Brazilian investment bank, the good news about inflation should delay the U.S. Federal Reserve’s decision to hike the benchmark interest rateContinue reading “Brazilian currency boosted by lower inflation in the U.S.”