11.10.2016 16:43:00
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Moody's: Real recovery supports Petrobras, Gol, but hurt Brazilian exporters
Sao Paulo, October 11, 2016 -- Petrobras (B3 negative), Brazil's state-owned oil company, and Gol Linhas Aereas Inteligentes (Caa3 negative) are among Brazilian corporates that are benefiting most from the recovery in Brazil's currency this year, according to a report by Moody's Investors Service. However, protein exporters, as well as pulp and paper producers, are experiencing a negative impact from the currency's appreciation.