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View Full Version : Brazil Real Drops on Lower Appetite for Emerging-Market Assets - Bloomberg



NewsWhore
05-11-2009, 09:50 AM
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Brazil Real Drops on Lower Appetite for Emerging-Market Assets (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da3wnGb34rR08%26refer%3Dlatin_america&cid=0&ei=LC8ISsOQK9HokAWXxLiFBw&usg=AFQjCNHWmnaN_w-ga1Cu2KU8WGmDfxoRuw)
Bloomberg
The currency dropped 0.8 percent to 2.0768 per US dollar at 8:21 am New York time, from 2.0608 on May 8. The real posted its biggest weekly rally in five months last week, prompting the central bank to buy dollars in the spot market for the first time ...


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