Brazil’s real climbed for the first time in four days as a central bank official said policy makers should keep raising interest rates, making the nation’s assets more attractive to global investors.
The currency led regional gains as Tony Volpon, the bank’s risk-management director, said 2016 inflation expectations need to drop to the official target of 4.5 percent. His comments came a day before a government report that is forecast by economists to show consumer prices increased 9.26 percent in the year through mid-July, the fastest pace since 2003.
Brazil Energy Insight 
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