Best Forecasters of World's Worst Currency See More Brazil Pain
- Fiscal measures and political infighting to remain focus
- Top currency strategists say real to slide another 6% in 2015
This article is for subscribers only.
Brazil’s real is the worst-performing major currency this year. Ask the top-ranked forecasters and they’ll say it’s set for more losses.
The three most accurate currency analysts see the real trading at an average of 4.1 per dollar by year-end, data compiled by Bloomberg show. To get there, the real would have to slide another 6 percent, adding to its 31 percent drop this year.