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25th Sep 2023 19:25Latin America, Daily Monitor

  • The bigger inflation picture in Brazil remains favourable; underlying pressures are subdued.
  • The gradual improvement in the current account balance is another positive development for the BCB.
  • Solid external accounts will help to protect the BRL against any potential increase in global volatility.

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Keywords for: 27 September 2023 LatAm Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence