BRL: CAPITAL IS FLOWING TO THE BRAZILIAN ECONOMY IN LONG-TERM

The long term exchange rate target zones have confirmed the flowing of capital into the Brazilian economy to strengthen the Brazilian real in the market. The medium term exchange rate target zones also have aligned, realigned and continuously realigned to strengthen the BRL in the market. The long term strengthening of the Brazilian economy is expected to drive the long term economic growth for the Latin America. Under OECD memorandum of understanding, China is leading the economic support for the Latin America in long term.

The medium and long term GDP and inflation bands also have confirmed the acceleration of the Brazilian economy. No doubt, the economic performance will be beyond the economists' expectation.