There has been an improvement in the country's fundamentals and a reduction in external vulnerability. That's allowing the government to lengthen debt maturities at smaller premiums.
More Quotes from Flavio Farah:
Without a doubt the investments flows into Brazil by foreign investors are bolstering the real.Flavio Farah
We also have Brazil's strong trade surplus, and the reduction in the central bank offering of currency swap contracts, and they are all combining to push up the currency.
Flavio Farah
The signal from the central bank is that they won't increase the size of rate cuts.
Flavio Farah
Readers Who Like This Quotation Also Like:
Based on Topics: Government QuotesBased on Keywords: lengthen, maturities
There is not one blade of grass, there is no color in this world that is not intended to make us rejoice.
John Calvin
It was pretty frightening because as we all know, when large, famous groups breakup, a lot of the members don't survive in solo careers.
Don Henley
If there is any country on earth where the course of true love may be expected to run smooth, it is America.
Harriet Martineau