HALISTER1: Brazilian Real Drops With EM; DI Rates Rise, CPI Meets Estimate

Brazilian Real Drops With EM; DI Rates Rise, CPI Meets Estimate

(Bloomberg) -- BRL declines, paring weekly gains, with most of EMFX market falling amid uncertainties over central banks.
  • BRL falls 0.8% to 3.2395 per dollar; DI Jan 21 rate +8bps
    • Inflation IPCA m/m Aug., 0.44%, est. 0.44% (prior 0.52%)
  • Market to show when Brazil ready for rate cut, Goldfajn says
  • Senate refrains of voting urgency for top court judges salary raise; proposal was seen as hurdle for Temer budget fix effort
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Ilan Goldfajn (Banco Central do Brasil)

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