SAO PAULO Dec 7 The issue of designing
effective instruments that protect long-term foreign investors
from excess currency volatility in Brazil is crucial to
attracting capital for infrastructure in coming years, a
financial industry group said on Wednesday.
Financial institutions are currently discussing how to
create hedging instruments for those types of investments, in
which foreign funds and companies place money in Brazil for a
long period, said José Eduardo Laloni, a director at the group
known as Anbima.
(Reporting by Guillermo Parra-Bernal; Writing by Reese Ewing)