Coronavirus reduce FDI in Brazil by up to 16%

The advancement of coronavirus around the world can bring down the flow of Foreign Direct Investment (FDI) by up to 15% in 2020. This average reduction was more profound in companies from developing countries like Brazil: – 16%. It is estimated that foreigners have already taken $ 44.7 billion from the São Paulo Stock Exchange this year alone.

Source: Correio Braziliense

Categories: Macroeconomy/Finance