EWZ: Poised For Gains From BRL Strength
Summary
iShares MSCI Brazil ETF remains an attractive play for 2025, driven by BRL appreciation against the USD and appealing va...
iShares MSCI Brazil ETF remains an attractive play for 2025, driven by BRL appreciation against the USD and appealing valuations. High-interest rates in Brazil and lower interest rates in the U.S. attract foreign capital, supporting inflows into stocks. Brazilian companies should continue to benefit from lower costs on dollar-denominated debt, improving earnings.
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