Brazil Real to Rise, but Pre-election Fiscal Relaxation a Danger – Reuters Poll
According to the results of a poll conducted by Reuters, the Brazilian real is forecast to appreciate over the course of the following 12 months; however, it will continue to be subject to growing pressure as a result of planned increases in social spending. This will occur against the backdrop of a complex economic environment in October’s run-up to the presidential election in Brazil.
The economic freedom score of Brazil is 53.3, making it the 133rd most free economy in the 2022 Index. Brazil is placed 26th among 32 nations in the Americas, and its total score is lower than the regional and global norms.
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