South America is the next retail frontier as Brazil, Uruguay and Chile top China and India for new expansion opportunities.
Brazil will extend for at least six months its daily currency interventions as the government supports the real to fight above-target inflation.
Brazil will extend for at least six months its daily currency interventions to help support the real as part of its fight against above-target inflation. The currency gained.
Brazil’s industrial production in December fell by the most in five years, surprising analysts, as the central bank continues to boost interest rates in the world’s second-biggest emerging market. Swap rates fell.
Brazil’s consumer prices rose more than economists predicted in May, as the central bank signals it will keep interest rates on hold.
"Clearly people are putting more money toward Aecio because they believe he has a credible shot to beat Dilma."
- Pedro Tuesta on Aug 06, 2014