UPDATE 1-Brazil FX dynamics improving, market more balanced -central bank director
BRASILIA, April 8 (Reuters) – The dynamics driving Brazil’s currency are improving and the market is now more balanced, despite lingering fiscal uncertainty, central bank monetary policy director Bruno Serra said on Thursday.
In an online debate hosted by event management company Consulting House, Serra said the central bank’s market interventions earlier this year have helped greatly, while the capital flows picture for the real is also brighter.
By Jamie McGeever and Gabriel Ponte via Reuters