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View Full Version : Brazilian Real Advances, Paring Biggest Weekly Sell-Off Since 2008 Crisis - Bloomberg



NewsWhore
09-23-2011, 11:30 AM
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Brazilian Real Advances, Paring Biggest Weekly Sell-Off Since 2008 Crisis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFeCANbo0h1cq_8mcDp4bZzgM5aqA&url=http://www.bloomberg.com/news/2011-09-23/brazilian-real-advances-paring-biggest-weekly-sell-off-since-2008-crisis.html)
Bloomberg
The currency touched 1.9549 yesterday, the weakest level since July 2009, prompting the central bank to shore up the real in the futures market for the first time in two years. The government may adjust or retract the tax, known as IOF, that it imposed ...

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