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View Full Version : Brazil Real Gains to Three-Week High on European Debt Outlook - Bloomberg



NewsWhore
10-10-2011, 03:40 PM
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Brazil Real Gains to Three-Week High on European Debt Outlook (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFR8OXe1QKpjHZ-CRhcJI3UuIgWUA&url=http://www.bloomberg.com/news/2011-10-10/brazil-real-gains-to-three-week-high-on-european-debt-outlook.html)
Bloomberg
Brazil&#39;s interest rates are “still high,” favoring the currency, said Fernando Honorato Barbosa, chief economist at Banco Bradesco SA. Brazil&#39;s central bank unexpectedly lowered the benchmark interest rate a half percentage point to 12 percent on Aug. ...

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