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    詳細(PDF)を読む日本語, PDF, 1.46MB


    • レアル相場の支援材料は、年金改革法案の成立の高まり、大規模なレアル買い・米ドル売り介入の開始
    • 相対的に高いブラジルの金利、貿易収支の黒字、鉱物価格の持ち直しなどもレアルにとり好材料
    • 政府が税制改革、市場開放策など新たな改革に着手すれば、レアルは再評価される可能性が高い