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View Full Version : Brazil Rate Futures Fall on Dilma Rate Comments; Real Declines - Bloomberg



NewsWhore
05-02-2012, 12:20 PM
Brazil Rate Futures Fall on Dilma Rate Comments; Real Declines (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHiS2pnoFGimh1h6ktnlp21KT8-zg&url=http://www.bloomberg.com/news/2012-05-02/brazil-rate-futures-fall-on-dilma-rate-comments-real-declines.html)
Bloomberg
Speculation that Tombini will keep cutting rates and intervening to weaken the real also helped strengthen the US currency, according to Deives Ribeiro, head of currency trading at Fair Corretora de Cambio e Valores in Sao Paulo.

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