Société Générale Projects Dollar Will Reach R$6 Due to Fiscal Imbalance in Brazil

The bank recommended buying the dollar against the real on December 2nd when the currency stood at R$5.22. The goal is R$6.0, with a "stop" at R$4.90.

RIO DE JANEIRO, BRAZIL - The risk premiums on the yield curve will increase and the dollar will reach R$6, project Société Générale strategists, believing that the markets should expect further fiscal deterioration in Brazil.

According to the bank's report released on . . .

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