Brazil to the rescue of the Real which is down 17% against the dollar in 4 weeks [Archive] - In Search of Chicas

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09-23-2011, 02:50 AM

The bank's decision to sell 2.75 billion dollars in currency swaps -- a move that propped up the Real -- marked a sudden shift in strategy for a government that has complained for the past year ...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/48807491/)