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09-21-2011, 01:10 PM
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Petrobras Sees Real Fall Hurting Profit as Currency Slumps to 15-Month Low (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGVqOSUz4nV_270Xcdwo5v_jt6MaQ&url=http://www.bloomberg.com/news/2011-09-21/petrobras-says-real-slump-to-hurt-profits-on-dollar-debt-costs.html)
Bloomberg
The state-controlled oil producer will likely book a financial loss, following a 2.9 billion-real ($1.6 billion) gain in the second quarter, should the Brazilian currency hold below 1.7 per dollar, Chief Financial Officer Almir Barbassa said in an ...

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