In the last three years Brazil has gained world attention due to its potential for high economic growth. This status, combined with one of the highest interest rates in the world, has attracted both productive and speculative investment.
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Vieira Rezende Barbosa e Guerreiro Advogados
Inbound investment has affected the Brazilian currency, which has appreciated rapidly. This situation has been both positive and negative for Brazil.
The appreciation of the Brazilian currency generates losses for exporting companies, which were substantially affected by the global financial crisis. On the other hand, the incoming funds for investment in productive sectors and infrastructure projects have been very welcome.
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Rafael de Moraes Amorim is a partner of Vieira Rezende Barbosa e Guerreiro Advogados, a law firm that is in alliance with Wikborg Rein
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