With two weeks before the presidential election, foreigners show confidence in the Brazilian economy’s future but are nervous about the short term. Figures show that in August the country received $10.6 billion in direct investment, one of the ten best monthly performances since the launch of the Real Plan in July 1994 — in the 12 months through August, investors injected $70 billion in Brazil. Meanwhile, short-term fixed-income and equity investments saw last month the largest capital outflow in almost four years. In fixed income, net outflow reached $7.75 billion; as for equities, investors have already withdrawn $1.88 billion in September.
Source: Valor