By Ben Tavener, Senior Contributing Reporter
RIO DE JANEIRO, BRAZIL – Brazil’s Banco Central (Central Bank, BC) has revealed that foreign investors have dramatically reduced the amount of capital they are investing in Brazil: a forty percent drop has been registered in the first six months of 2012. Investments from overseas plummeted from US$12.4 billion to US$7.5 billion in the first half of 2012, in comparison with the same period in 2011, according to BC data.
External investors have been disappointed after the weaker performance posted by Brazil in the past two years, and analysts say . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here