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Non-Tech : The Brazil Board

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To: THE ANT who wrote (1927)	9/19/2019 12:44:37 AM
From: elmatador	of 2508

Good bye Carry Trade “Carry trades” involve investors buying high-yield interest rate currencies, such as the (South African) rand, (or the Brazilian Real) with funds borrowed from a low-yield currency like the dollar or Japanese yen, provided there is low volatility and liquidity (edited) Brazil cuts rates to record low, sees room for more Brazil’s central bank cut its benchmark interest rate to a new record low of 5.50% on Wednesday as expected and suggested more rate cuts are in the pipeline, highlighting an increasingly uncertain global outlook and tame domestic inflation. reuters.com

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