PRO articleCurrencies
Brazilian Real Supported by Carry Trade Despite Cautious Easing of Selic Rate
The Brazilian Real holds at R$5.11 against the US Dollar, sustained by the high 14.25% Selic rate that supports a strong carry trade.

The Brazilian Real holds at R$5.11 against the US Dollar, sustained by the high 14.25% Selic rate that supports a strong carry trade.
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