The exchange rate is expected to close this year at R$ 4.80
After the decline in key economic activity indicators in October, we observed a recovery in surveys in November, aligning with expectations. The performance of the Brazilian trade balance remains robust in the early weeks of January, reaching a record for the period. In the United States, December’s activity data shows mixed results. In China, the data for 2023 reveals a 5.2% GDP growth.
For more information, please check our Weekly Report 47.
