The Brazilian Real has shown its strong side so far this year. Economists at Commerzbank analyze BRL outlook.
Real should continue to be supported by an attractive real interest rate for the foreseeable future
The BCB's credible monetary policy argues for a prudent approach, which is why the Real should continue to be supported by an attractive real interest rate for the foreseeable future. For the time being, we, therefore, see the BRL at a sustained high level.
Towards the end of next year, however, we fear growing doubts about a continued hawkish stance as the term of the current BCB governor expires and there is speculation about a more pro-government successor. This is likely to weigh on the Real next year.
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Tinggalkan pesan Anda sekarang