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View Full Version : Rousseff Bid to Spur Brazil Industry Undercut by Currency Gains - Bloomberg



NewsWhore
03-22-2012, 05:20 PM
Rousseff Bid to Spur Brazil Industry Undercut by Currency Gains (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGsqmOFtGzJiNSF6H9_OAyI-LpBeQ&url=http://www.bloomberg.com/news/2012-03-22/rousseff-bid-to-spur-brazil-industry-undercut-by-currency-gains.html)
Bloomberg
That blast has weakened the currency somewhat, but it remains much stronger than during most of the administration of Rousseff's predecessor, Luiz Inacio Lula da Silva. Strong currencies make exports more expensive. Brazil's trade deficit in ...

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