Fri, Aug 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Questions on Brazil’s currency moves creates uncertainty for international investors

Posted on 25 March 2011

Lingering speculation that Brazil could introduce more capital controls or taxes to hold down its currency is creating some uncertainty for international investors trying to read the government’s next moves in foreign exchange markets.
As part of its effort to prevent the real from appreciating too much, Brazilian policymakers in October imposed taxes on types of foreign investment flows. With the real still stronger than it was a year ago, investors and analysts see the possibility of fresh moves like a tax on so-called global bonds, which are launched overseas by Brazilian companies and denominated in hard currencies like the dollar……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 36568 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31