Tuesday, July 7, 2009

Currencies: Brazil's Real Ends Weaker, Mirroring Major Currencies

July 6, 2009 - The Wall Street Journal

The Brazilian real closed weaker against the U.S. dollar Monday in line with most major currencies. The real closed at BRL1.9610 per dollar in trading on the Brazilian Mercantile and Futures Exchange, weaker than Friday's close at BRL1.9505.Traders said the real's weakening Monday was due to the dollar's worldwide strengthening on increased investor risk aversion. The real opened weaker Monday at ... read more...

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