Fri, 24 Aug 2012 08:37:54 GMT
Brazil's FDI rose to the highest in July
Brazil's foreign direct investment rose to the highest level in July since 2010 and is likely to exceed the nation's central bank's $50 billion forecast this year as investors expect economic growth will pick up. Though economists anticipated FDI of $7 billion, FDI increased from $5.8 billion in June to $8.4 billion in July, the central bank reported.