[Brazil] - Dollar Could Hit R$ 7: BTG Pactual's Bold Forecast for Brazil's Currency

INSUBCONTINENT EXCLUSIVE:
increase from their previous estimate of R$5.80
that the situation could worsen
The real has already taken a beating, losing over 25% of its value this year.By December 9, 2024, the dollar had climbed to R$6.08, up from
R$4.85 at the end of 2023
Such actions might strengthen the real to around R$5.20 per dollar by 2025.While global factors like US economic resilience play a role,
This situation underscores the critical impact of fiscal discipline on currency stability and investor confidence.For businesses and
investors, this forecast is crucial
in the balance, understanding these dynamics becomes essential for making informed financial decisions in the Brazilian market.