Three reasons behind Brazil's strong start to 2022

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Brazilian financial markets have rebounded in 2022 and outperformed most other markets – but why? Financial markets in Brazil have outperformed most global and other emerging markets since the start of the year. In particular, the Bovespa index of equities has rallied by about 10% in local currency terms while the currency, the Brazilian real, has delivered a total return of almost 12% against the US dollar.

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