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Deputy BCB Governor Says Brazil Has Very Healthy FX Scenario

BRAZIL

Brazil Central Bank Deputy Governor Serra On The Wires:

  • Commodities cycle helps Brazil GDP
  • Brazil's monetary cycle to impact on 2H22
  • Brazil cenbank prefers Selic rate stability for longer
  • Brazil central bank to do all necessary to face inflation
  • Inflation is more global than local
  • We'll seek our goal when it comes to inflation
  • We have a very healthy scenario for FX
  • Brazil has more inertial inflation than peers (All BBG)

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