Brasil's Real Has Risen 34% Vs USD.

BLOOMBERG/
Brasil’s Real has gained 32% so far this year and at its strongest level in more than a year.
Because of international market liquidity, investors are once again attracted to Brazil's comparatively high real interest rates. The benchmark Selic rate stands at 8.75% per year, although analysts expect it to rise again over the next year. The official IPCA inflation rate was 4.36% through August.