UPDATE 1-FX market nervous, recent moves large – Brazil economy minister
Brazil’s currency market is
nervous and the real’s fall recently has been large, Economy
Minister Paulo Guedes said on Thursday, but there is no sign of
capital flight and the increased demand for hedging from market
participants is “absolutely normal.”
nervous and the real’s fall recently has been large, Economy
Minister Paulo Guedes said on Thursday, but there is no sign of
capital flight and the increased demand for hedging from market
participants is “absolutely normal.”
Posted by Reuters
