Click here to watch Silvia Pavoni, investment editor, and Brian Caplen, editor of The Banker discuss the effects of a strong Brazilian real and high interest rates on the largest Latin American economy.
With arguably the highest interest rate in the world at 10.75% and a local currency, the real, that this year reached a peak in the second quarter of 1.9 reals to the US dollar, Brazil is not your typical emerging market.
