Brazil’s Sky-High Interest Rates Fuel World’s Best Carry Trade

Published on: Wednesday 06 April 2022

(Bloomberg) -- The Brazilian real’s rally is gaining steam as soaring prices for its commodity exports and one of the world’s highest interest rates fuel a lucrative carry trade for investors. Most Read from BloombergU.S. Drones for Ukraine Will Include Latest Tank KillersA 30-Year-Old Crypto Billionaire Wants to Give His Fortune AwayElon Musk Takes 9.2% Stake in Twitter After Hinting at Shake-UpUkraine Update: Zelenskiy to Address UN Body; China Holds TalksPutin’s Pet Warlord Doubles Down in Uk

News source: https://finance.yahoo.com/news/brazil-sky-high-interest-rates-110000489.html

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Brazil’s Sky-High Interest Rates Fuel World’s Best Carry Trade