RIO DE JANEIRO, BRAZIL - The growing wave of Brazilian investments abroad - in assets such as stocks, fund shares, and fixed income securities - experienced a slowdown at the end of last year.
After expressive results, especially in the second quarter, the movement has slowed down, and even the balance of the so-called portfolio investments was negative in the last three months of 2021.
Analysts attribute the reversal mainly to rising interest rates in . . .
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