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Brazilian Real Faces Critical Test as Strong Labor Data Challenges Expected Copom Rate Cut

The Brazilian Real's carry trade appeal will be tested by an expected 25bp Selic cut next week, set against a resilient labor market.

By Sofia Marin

Published
Brazilian Real Faces Critical Test as Strong Labor Data Challenges Expected Copom Rate Cut
Illustration — BRZ.news

The Brazilian Real's carry trade appeal will be tested by an expected 25bp Selic cut next week, set against a resilient labor market.

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