Hedge the Currency Risk of Local Currency Denominated Bonds

If you want to invest as a us. Investor in brazil, how can you do that without assuming too much currency risk? Well, you have a number of choices. You can buy local currency denominated bonds and hedge the currency risk associated with those bonds. And there's an argument to be made that the same is true across all the various chapters in that those economic books, except for the most a reasen up dates, that that they seem to be catching up a little bit.