Stabilizing EM Outlook Pushes Brazilian Real ETF to 5-Month High
April 02, 2014 at 08:00 AM EDT
With investors embracing emerging markets again, the Brazilian real currency exchange traded fund is approaching a five-month high as foreign investors jump back into Brazil and capitalize on the higher interest rates. The WisdomTree Brazilian Real Fund (NYSEArca: BZF) was up 2.2% Tuesday. BZF has...