Author Says Brazil Election Day Is Huge for the Real, Expecting Substantial Strengthening if Bolsonaro Wins
Today is a huge day for Brazil, according to the author.
The author says that if Bolsonaro wins, the Real will strengthen substantially and the era of chronic undervaluation will finally end.
The Real has already been outperforming everyone else in EM, and the author says that will only build if Bolsonaro wins today.