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View Full Version : Brazilian Real Advances on Economic Expansion; Swap Rates Rise - Bloomberg



NewsWhore
08-31-2012, 02:50 PM
Brazilian Real Advances on Economic Expansion; Swap Rates Rise (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE1_OiD3CY-aqawImmEQcPjP4-iRQ&url=http://www.bloomberg.com/news/2012-08-31/brazilian-real-advances-on-economic-expansion-swap-rates-rise.html)
Bloomberg
... stem its advance as other countries try to gain an advantage through devaluation, Mantega said. The currency has declined 8.2 percent against the greenback in 2012, the biggest drop among the dollar's 16 most-traded counterparts tracked by Bloomberg.

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