Economic Watch: ”Brazil: the appreciation of the Real triggers the implementation of more FX measures”
Published on Sunday, July 10, 2011
Economic Watch: ”Brazil: the appreciation of the Real triggers the implementation of more FX measures”
Summary
The Central Bank changed reserve requirements on banks’ short dollar positions to take some steam off the Real. Even tough policy makers will continue focused on inflation, more FX measures are very likely.
Geographies
- Geography Tags
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
- Consumption
- Real Estate
- Migration
- Banks
Authors
BBVA Research
BBVA Research