Brazil currency rally unlikely to get c bank boost

- Central Banking staff
- 14 Nov 2001

BRAZIL - A reversal of Brazil's economic fortunes appears to be in the cards as a feeling that the worst is over quickly spreads across local markets, triggering a strong rally in the embattled real.

But a vigilant central bank is the dealer and could spoil the hand.

While South America's biggest economy is decoupling from the financial woes of cash-strapped neighbour Argentina, it remains to be seen whether the monetary authority thinks the time is right to resume cutting rates and allow the

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