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View Full Version : Brazil's Real Advances to Eight-Month-High as Stocks Increase - Bloomberg



NewsWhore
06-02-2009, 12:30 PM
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Brazil&#39;s Real Advances to Eight-Month-High as Stocks Increase (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da8cuMVgPWHtI%26refer%3Dnews&cid=1253865695&ei=J1YlStSKIdbykAXzirmhBw&usg=AFQjCNEwn0uM3drGhThLA68Yi-W0CZ-UwA)
Bloomberg
In May, the currency climbed 11.2 percent, the strongest since April 2003. “The currency market has been moving in tandem with flows to stocks, so a rebound there helps the real,” said Mario Battistel, foreign-exchange manager at Fair Corretora de ...


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