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Non-Tech : The Brazil Board

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From: elmatador11/24/2019 1:34:16 AM
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Until yesterday at 3pm it was 'Goodbye Brazil', but at 4pm, he went on to Let's buy Brazil. There was a brutal twist," said Pablo Syper, director of Mirae Asset, referring to the recommendations for the purchase of the Brazilian Stock Exchange by six major banks: morgan Stanley, JP Morgan, UBS, Credit Suisse, BTG Pactual and Bradesco.


"This time, good news reflected much more on interest than on the dollar. Interest closed at lows. The dollar takes a while longer. You have to remember that he went up due to the $25 billion they were going to enter because of the pre-salt auctions. There, the dollar changed levels, went to R$ 4.12", said Spyer.
According to mirae's director, "the weekend will serve the whole world to digest the recommendations. Brazil is the ball of the turn in Latin America. It's the country where the whole planet should invest. Next week may be that we can see some of the optimism in the dollar."


He pointed out, however, that "no one knows the future of the dollar." "The dollar was made to put economists in due place, of insignificance," he said. lnkd.in
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