[ad_1]
Over the past two years, the Brazilian stock exchange has seen an unprecedented wave of startups going public, creating the domestic market’s very own tech sector. However, throughout 2021, the Central Bank’s push to control inflation by jacking up benchmark interest rates caused liquidity to run dry. Now, for 2022, this trend is likely to scare away newcomers and spark a spate of corporate reorganizations, with an eye on taking IPOs to international markets.
The shift began in Q3 2021, as it became clear the Central Bank would be even more hawkish than expected in its interest rate hikes….
Access all of The Brazilian Report
Start your 7-day free trial.
Free trial Already a subscriber? Log In
[ad_2]
Source link
