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View Full Version : Brazil Banks Cut Short Dollar Positions to 14-Month Low - Bloomberg



NewsWhore
07-26-2011, 03:20 PM
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Brazil Banks Cut Short Dollar Positions to 14-Month Low (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEzsIIvB06QdVx1zkGjS5u8qRYmhA&url=http://www.bloomberg.com/news/2011-07-26/brazil-banks-cut-short-dollar-positions-to-14-month-low-1-.html)
Bloomberg
Brazilian banks reduced their short dollar positions to a 14-month low after the central bank increased the cost for this type of bet against the US currency. ...

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