RIO DE JANEIRO, BRAZIL - The first half of 2021, full of positive surprises for the Brazilian economy, brought a record balance of foreign investment in the local capital market.
According to B3, as of last Wednesday, June 30, these investors had invested R$48 billion (US$9.6 billion) in the cash market, not including IPOs. This is the best performance in the historical series compiled by Estadão/Broadcast, going back to the Real Plan in 1994.
A combination of factors explains this inflow, such as improved forecasts for this year's GDP, higher commodity prices in the international . . .