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View Full Version : Brazil's Real Falls After Bank Cuts Rate More Than Estimated - Bloomberg



NewsWhore
06-12-2009, 10:00 AM
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Brazil&#39;s Real Falls After Bank Cuts Rate More Than Estimated (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Davy6fMOKXP5w&cid=0&ei=QVQyStL5F5fzmQeZ8tiKCA&usg=AFQjCNFiOHpdW_LBvuqQdSgP05M_k-M9cg)
Bloomberg
The currency weakened 1 percent to 1.9426 per US dollar at 8:29 am New York time, from 1.9240 yesterday. Brazil&#39;s local bond market was closed yesterday for a national holiday. The real is up 19 percent in 2009, the best performer among the 16 ...


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