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Economy & Business - August 2011 (ISSN 1741-7430)

BRAZIL: Different times, different policies

Although Brazil’s stockmarket has been one of the worst-performing this year, direct and fixed interest investors like what the economy offers. In late August the central bank reported that Foreign Direct Investment (FDI) set a new record, drawing in US$38.5bn in the first seven months of 2011. The strength of the Real and the high real (inflation adjusted) returns available from fixed interest securities mean that speculators have been active on the money markets.

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