The Brazilian real’s volatility is near the highest since May amid concern political turmoil will make it impossible for President Dilma Rousseff to pare deficits and avoid a junk credit rating.
Swings between losses and gains in the past week added to the risk for investors wanting to take advantage of the highest interest rates among major economies. The central bank planned to sustain increased support for the currency Monday after cautioning last week that a 12-year low wasn’t justified.
Brazil Energy Insight 
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