Brazil sees second-largest dollar outflow ever
Movement helps explain shift in expectations for the real’s performance 05/14/2024 Fabio Landi — Foto: Leo Pinheiro/Valor Investor hopes for a stronger Brazilian real at the turn of the year quickly dissipated. The robustness of Brazil’s trade balance bolstered renewed expectations for the real’s appreciation, similar to last year, when the commercial flow was solid. […]