Argentina Current Account BOP (MoM): -2083M (2Q) vs -3710M
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Sep 25, 2015
USD/BRL toward 4.50 on a long term horizon – Rabobank
According Christian Lawrence, Strategist at Rabobank, the recovery of the Brazilian real (BRL) is likely to be short-lived and a decline of USD/BRL below 4 would provide a “better entry level for reinstating longs”.