Profit Remittances Seen Weighing on Brazil’s Real in December

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Felipe Saturnino

Bloomberg Profile

Dollar outflows traditionally spike in Brazil at year-end

Profit, Dividend Remittances Reached $8.4 Billion Last December

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Brazil may see as much as $10 billion in profit and dividend remittances leave the country in December, potentially renewing pressure on the real and prompting fresh central bank intervention.

Profit, Dividend Remittances Reached $8.4 Billion Last December | Dollar outflows traditionally spike in Brazil at year-end

Brazilian Real Outperforms As Tariffs Fail To Inflict Much Pain

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