Decline in Brazil’s Real Underscores Need for Hedging
April 29, 2020 at 08:45 AM EDT
Emerging markets will be challenged in a post-coronavirus environment even harder than during the crisis, which could put pressure on their currencies via a sustained flight to the safe haven U.S. dollar. Brazil is contending with this challenge as it’s real has been seeing fresh lows, which underscores the need for currency hedging strategies in this uncertain market environment.