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BRL Hits 3-Week High on Record H1 FX Inflows and Easing Fed Bets
CurrenciesJul 13

BRL Hits 3-Week High on Record H1 FX Inflows and Easing Fed Bets

The Brazilian Real strengthened to 5.11 per USD, supported by a record $17.78 billion H1 FX inflow and a highly lucrative Selic-to-Fed yield differential.