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View Full Version : Brazil's Real Rises to 6-Month High; Central Bank Intervenes - Bloomberg



NewsWhore
05-08-2009, 06:30 PM
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Brazil&#39;s Real Rises to 6-Month High; Central Bank Intervenes (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaaskzO6qpIfM%26refer%3Dnews&cid=1347940402&ei=dKYESsyTK5vW7APB4bCfBw&usg=AFQjCNF0itjDJ0YPR2vEQ0Dp8hGAM10z9g)
Bloomberg
“The central bank did the right thing,” said Francisco Carvalho, head of currency trading at Liquidez Corretora in Sao Paulo. “The central bank can&#39;t let the currency rise as fast as it happened today. I think the market will keep testing the bank to ...


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