The limits of Brazil’s FX intervention programme by Márcio Garcia published by Financial Times (8/2014) “Last year’s taper tantrum caused massive turbulence in global markets. Risky assets suffered greatly and many emerging markets currencies depreciated heavily, including the Brazilian real. In response, the Brazilian central bank (BCB) decided to intervene in the foreign exchange markets…”
Verificar em: http://on.ft.com/XO0tJa
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