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Brazilian foreign exchange performance improves, market becomes more balanced – central bank director

2 weeks ago
in Markets, News, Switzerland
0

BRAZIL, April 8 (Reuters) – Brazil’s currency has improved and the market is now more balanced, despite continuing fiscal uncertainty, central bank monetary policy director Bruno Serra said Thursday.

In an online debate organized by the Consulting House on organizing events, Serra said that market participants looking to buy dollars are now finding sellers and that exchange rate flows this year and next will be more positive than in the previous two years. (Reporting by Gabriel Ponte and Jamie McGiver, editing by Chris Reese)

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Crude Oil May 21 
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US Dollar/USDX - Index - Cash 
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