Hedge fund Gávea steps up contrarian Mexico, Brazil currency bets

SAO PAULO/NEW YORK, Feb 5 (Reuters) - Gávea Investimentos Ltda, the hedge fund run by former Brazilian central bank president Arminio Fraga, is doubling down on contrarian bets on Mexico's currency and against Brazil's, a sign that disparities between Latin America's two biggest economies will grow faster.
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