Coffee Traders Forum
[ Post a Response | Coffee Traders Forum ]
Re: A question for the you guys
Bolsonaro needs to start producing something. Thus far he has struggled to actually do anything outside of some very domestic issues. This is a problem. His pension reform is struggling and likely will become bastardised. Government intervention with Swaps may help support the currency in some aspects, but previous attempts have done little to change longer term sentiment.
Also, a deeper question is does Bolsonaro actually want a strong currency? perhaps a weaker currency will help him keep exports up compete on an international stage. A win he may be able to chalk up.
Just my thoughts.