The successful auction of the Companhia Docas do Espírito Santo (Codesa) may boost the other port privatization projects underway. However, market players are skeptical about the feasibility of getting them off the ground by 2022, especially the privatization of the Port of Santos — a much more complex project from a technical and political point […]
Faced with rising inflationary pressure and monetary tightening in major economies, the Brazilian Central Bank increased the renminbi share in its foreign exchange reserves to 4.99% in 2021, the highest since the Chinese currency became part of the basket in 2019. The share is four times higher than the previous year’s allocation, of 1.21%. The […]
The Brazil of interest rates at double-digit levels produced a first quarter of good results for investors. It was good for those who stayed with the safety of fixed income and even better for those who were encouraged to shoulder the stock market risk and bet on more volatile classes, such as multimarket and stock […]