Credit Suisse raises Brazil to “overweight” and highlights the Real’s appreciation as key

With the appreciation of the Real, economists are betting on lower inflation and improvement in the country's fiscal situation.

RIO DE JANEIRO, BRAZIL - With the increased flow of foreign capital to emerging nations in recent months, Credit Suisse raised its exposure to this block of countries, focusing on China and Mexico and raising Brazil to overweight (or above-average exposure) within its global strategy.

On the other hand, the bank decreased exposure to countries in Europe although it remains overweight. Strategists continue to be overweight in the UK and Japan while underweight in . . .

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