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View Full Version : Brazil Real Rises to 6-Month High,Prompting Central Bank Action - Bloomberg



NewsWhore
05-09-2009, 03:50 AM
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Brazil Real Rises to 6-Month High,Prompting Central Bank Action (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaA6dmYmhcp3Y%26refer%3Dnews&cid=0&ei=7TcFSsqLMKLMjAfwjYihBw&usg=AFQjCNFSuWtxKv9gYmhsraJNYJPjdnst0g)
Bloomberg
The central bank bought the US currency in an auction today to slow the real&#39;s appreciation after it posted its biggest weekly rally in five months. The last time the bank stepped in to by the greenback was on Sept. 10. “The central bank did the right ...


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