Emerging markets: real reels as truckers’ strike paralyses Brazil
May was not an easy month for emerging markets in general and for Latin American currencies in particular as investors […]
May was not an easy month for emerging markets in general and for Latin American currencies in particular as investors […]
The narrow re-election of President Dilma Rousseff was followed three days later by a surprise rate hike by the Brazilian central bank. Financial markets now await a clearer sense of policy direction which upcoming policy declarations and cabinet nominations should provide.