HALISTER1: BRL May Strengthen Amid Fewer Political Uncertainties: ABN

BRL May Strengthen Amid Fewer Political Uncertainties: ABN

(Bloomberg) -- BRL may rally amid less political uncertainty after Senate approved trial of the suspended president Rousseff by a large margin, Georgette Boele, FX strategist at ABN Amro, says in a e-mailed interview.
  • While BRL may rise towards 3.10 in the coming days and weeks, BCB will try to dampen the move
  • NOTE: BZ Senate decided to put Rousseff on an impeachment trial with 59 votes vs 21; in the final vote expected to start later in August, the minimum score is 54
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Georgette Boele (ABN AMRO Group NV)

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