JPMorgan Says Brazil's Real Pension Boost Limited by Weak Growth
Published on: Thursday 25 April 2019
Cassiana Fernandez, JPMorgan Chase & Co.’s chief Brazil economist, sees the real at 3.90 per U.S. dollar by year’s end, more pessimistic than the 3.75 per dollar median forecast. “The political uncertainty already began to impact market expectations,” Sao Paulo-based Fernandez said in an interview.
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