RIO DE JANEIRO, BRAZIL - Itau Unibanco has maintained its projections for the exchange rate at the end of 2021 and 2022, with fiscal and pandemic-related risks offset by higher interest rates and commodity prices, but now sees higher economic growth and inflation as the impact of the second wave of Covid-19 has been less pronounced.
In a monthly review, the bank considered that there are signs of a slowdown in the second wave of the coronavirus, amid the progress of vaccination, particularly among the population most at risk. But it considered that health systems are still under pressure . . .
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