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View Full Version : Brazil's Real Falls on Prospect for Higher Rates in the US - Bloomberg



NewsWhore
06-08-2009, 10:50 AM
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Brazil&#39;s Real Falls on Prospect for Higher Rates in the US (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da8WZANzGW9Io%26refer%3Dlatin_america&cid=1257371098&ei=2ictSpOlHpXM6wPMtsizBQ&usg=AFQjCNHBflmO9MLAb7HYaqf_JE9YTvf8Nw)
Bloomberg
The currency fell 0.5 percent to 1.9714 per US dollar at 9:40 am New York time, from 1.9615 on June 5. “If elsewhere the prospect is for higher rates and here people expect rates to fall, then people will buy the dollar,” said Marco Elias, ...


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