(Bloomberg) -- Brazil's currency gained after better-than-expected inflation data in the U.S. boosted speculation the yield offered on local assets will continue attracting foreign investors.
``The inflation data in the U.S. was good news, reaffirming the case for Brazilian assets: interesting returns because our real rates are so high, with low risk, as inflation is low,'' said Paulo Augusto Saba, senior treasury manager at BES Investimento do Brasil SA in Sao Paulo.
Read more at Bloomberg Currencies News
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