(Bloomberg) -- Brazil's real gained after Moody's
Investors Service put the country's ratings on review for
possible improvement, following increases by Standard & Poor's
and Fitch this month.
The agencies' moves is boosting interest in local assets,
already buoyed by growing dollar flows from exports and foreign
investments, said Nuno Almeida, chief economist at the Brazilian
unit of Standard Bank Group.
Read more at Bloomberg Currencies News
Investors Service put the country's ratings on review for
possible improvement, following increases by Standard & Poor's
and Fitch this month.
The agencies' moves is boosting interest in local assets,
already buoyed by growing dollar flows from exports and foreign
investments, said Nuno Almeida, chief economist at the Brazilian
unit of Standard Bank Group.
Read more at Bloomberg Currencies News
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