| Brazil’s too-close-to-call presidential election has investors and analysts predicting moves in the local currency that range from a 13 percent rally against the dollar to a 14 percent tumble after the vote.
That helps explain why one-month implied volatility on options for the real, reflecting projected shifts in the currency, is the highest among developing countries at 25 percent as the Oct. 26 runoff between President Dilma Rousseff and opposition candidate Aecio Neves approaches...............................................Full Article: Source
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