Brazil real’s natural exchange rate is weaker, due to low rates -Guedes
The Brazilian real’s natural
exchange rate is weaker now given the record low level of
interest rates, Economy Minister Paulo Guedes said on Monday,
adding that the currency is also being determined by the
progress – or otherwise – of economic reforms.
exchange rate is weaker now given the record low level of
interest rates, Economy Minister Paulo Guedes said on Monday,
adding that the currency is also being determined by the
progress – or otherwise – of economic reforms.
Posted by Reuters
