BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Tuesday that higher interest rates are supporting financial inflows, strengthening the Brazilian currency.
Addressing a conference hosted by investment bank BTG Pactual, he also said positive fiscal figures are helping to attract investment to the country, among other reasons that explain the recent behavior of the exchange rate.
(Reporting by Marcela Ayres; Editing by Chris Reese)