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View Full Version : Brazil's Real Rises to Six-Month High on Gain in Commodities - Bloomberg



NewsWhore
05-07-2009, 10:40 AM
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Brazil&#39;s Real Rises to Six-Month High on Gain in Commodities (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaoNinUkJdNTk%26refer%3Dlatin_america&cid=0&ei=3vQCSuXaPNPokAWgm72pDw&usg=AFQjCNGGon2K9-GICAEJgyPf8bRDuqOWig)
Bloomberg - Renato Andrade (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Renato Andrade%22&hl=en&ned=us&ie=ISO-8859-1)
“The real is considered a commodity currency.” Commodity prices, as measured by the UBS Bloomberg CMCI Index of 26 materials, rose 1.7 percent. Nearly two-thirds of the country&#39;s foreign sales are commodities. The real has climbed 10.4 percent this ...


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