Brazil Loses US$ 28 Billion Trying to Prop Up the Dollar [Archive] - In Search of Chicas

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03-02-2008, 12:40 PM

The Brazilian central bank posted a loss of 47.5 billion reais (28.5 billion US dollars) in 2007, triple the amount in the prior year, because of Brazil's efforts to slow the strong real's appreciatio...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/13257612/)