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View Full Version : Brazil to Charge 1% Tax on Some Derivatives Transactions to Stem Real - Bloomberg



NewsWhore
07-27-2011, 10:50 AM
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Brazil to Charge 1% Tax on Some Derivatives Transactions to Stem Real (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEoEZvoYIuIyOq7CTewk3PTwOGW4Q&url=http://www.bloomberg.com/news/2011-07-27/brazil-to-charge-1-tax-on-some-derivatives-transactions-to-stem-real.html)
Bloomberg
Brazil imposed a tax on bets against the US dollar and warned it may boost intervention in the nation&#39;s derivatives market in a bid to weaken a currency that reached a 12-year high this week. ...

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