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Murray News

Market is cautiously optimistic about Brazilian real

Since first round of election, local investors have increased bets on the Brazilian currency 10/10/2022 High interest rates in Brazil were already in the scenario, as was the perception that key interest rate Selic will remain unchanged over the coming months. But the results of the first round of elections improved expectations of market players […]

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10 de October de 2022/by Gelcy Bueno
Murray News

With a stake in Vale, Cosan raises its bet on mining

Group is expected to reach 6.5% of mining company’s capital with a R$22bn investment 10/10/2022 In a move that surprised investors and analysts, Cosan bought a minority stake in Vale, one of the world’s mining giants, and made it clear that its bet in the sector is high. With a combination of direct share purchases […]

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10 de October de 2022/by Gelcy Bueno
Murray News

Analysis: State-owned banks still dominant in key sectors

Yet, general picture shows drop in share of credit, as President Bolsonaro promised in 2019 10/07/2022 Caixa Econômica Federal — Foto: Marcelo Camargo/Agência Brasil President Jair Bolsonaro took office in 2019 promising to reduce the share of state-owned banks in credit. In fact, the general picture shows a drop in their share, but a more […]

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7 de October de 2022/by Gelcy Bueno
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