Rising Bets Against the Brazilian Real: Investors Respond to Fiscal Uncertainty
Recently, foreign investors significantly increased their bets against the Brazilian Real, pushing their dollar-related derivatives positions to a near-record $76.64 billion. This represents a $3.70 billion rise over the last five trading sessions, as B3, the Brazilian stock exchange, reports. These positions encompass various financial instruments, including mini dollar contracts, future dollars, currency swaps, and […]