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View Full Version : Brazil Current Deficit at 16-Month Low on Profit Remittances - Bloomberg



NewsWhore
10-25-2011, 12:20 PM
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Brazil Current Deficit at 16-Month Low on Profit Remittances (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFrXEjX1_Ducr4NWur3wloIusMXGA&url=http://www.bloomberg.com/news/2011-10-25/brazil-current-deficit-at-16-month-low-on-profit-remittances-2-.html)
Bloomberg
The currency has fallen 9.8 percent since the end of August, when the central bank began cutting interest rates in response to a “substantial deterioration” in the global economy. The depreciation was the biggest of seven major Latin American ...

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