Does Foreign Direct Investment make a country's currency stronger or weaker?
If the US is investing heavily in Brazil, will the BRL get weaker or stronger against the USD?
If the US is investing heavily in Brazil, will the BRL get weaker or stronger against the USD?
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not a simple answer. depends on the whether earnings are repatriated, whether things are being brought in just for assembly thus hurting capital account among a million other things.
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