Brazil’s real headed for a second straight gain, bolstered by policy makers’ signals they could boost support for the currency, after a tumultuous week of trading sent volatility to the highest level in almost four years.
The currency added 0.4 percent to 3.9335 per dollar as of 9:47 a.m. in Sao Paulo, leaving it up 0.2 percent this week. The advance came after the real set new record lows on Wednesday and Thursday on speculation the government will struggle to pull Brazil out of its longest recession since the 1930s and shore up the budget deficit to avoid further cuts to its credit rating.
Brazil Energy Insight 
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