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View Full Version : Brazil Said to Study Measures to Stem Rally by Real Since Start of Year - Bloomberg



NewsWhore
01-18-2012, 11:00 PM
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Brazil Said to Study Measures to Stem Rally by Real Since Start of Year (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFOD181m_Zd2aaKz1sqn5BD2FfKYg&url=http://www.bloomberg.com/news/2012-01-18/brazil-said-to-study-measures-to-stem-rally-by-real-since-start-of-year.html)
Bloomberg
The government may act at anytime to stem the excessive currency gains, said the official, who is not authorized to speak publicly about the issue. Since 2010, the government has tripled a tax of foreign purchases of domestic bonds, increased reserve ...

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