Brazil rate futures surge as Lula gains on Bolsonaro in Quaest poll
Published 1 d ago7 sourcesEvidence: Reported
Brazil's central bank reported a record weekly foreign exchange inflow of US$2.416 billion for Oct 5-9, the largest post-first-round election inflow in the historical series since 2008. This aligns with the real's best post-first-round performance since 1994, contrasting with negative flows in the last four elections. The data suggests strong investor confidence in the election outcome, likely supporting the real and risk assets.
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