(Bloomberg) -- Brazil's real rose after inflation data met analysts' expectations, reassuring investors that the value of local bonds and stocks won't erode.
Brazil offers the highest real interest rate among emerging markets. Brazil's real interest rate is 9.54 percent, after subtracting the 3 percent annual inflation rate, according to data compiled by Bloomberg. Turkey's real interest rate of 8.3 percent is the next highest. The U.S. has a real rate of 2.45 percent.
Read more at Bloomberg Currencies News
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