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O dollar should fall below R$6 in the coming months with the fiscal risks already priced in by the financial market and the help of higher interest rates in Brazil, says Carlos Carranzaportfolio manager at Allianz Global Investors based in London.
“We have a constructive view of the real and, if the pressure on emerging currencies ends after President Trump takes office, it would not be a surprise for the dollar to break R$6.00, to a lower level,” he said in an interview.
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