Brazil has had some good fortune lately. On April 30, Standard and Poor’s upgraded the entire country and nine of Brazil’s banks to “investment grade.”

Brazilian government bonds are hot right now. Latin America is the fastest growing emerging region, making Brazil’s currency, the real, perfect for multi currency diversification.

A must read for investors seeking to take advantage of the Brazil’s growth is Gary Scott’s article: Why I Like Brazilian Bonds.

This from Gary: “You can borrow US dollars to make multi currency investments from Jyske Bank at rates a bit above and below 4.5% depending on the amount borrowed.

Multi currency investments can reap rich rewards right now. Take, for example, this multi currency Brazilian investment. The recent drop in U.S. dollar interest rates means you can now borrow dollars at between 4.175% and 4.875%.