Brazil planning further taxing on the inflow of “speculative” foreign capital

Saturday, April 2nd 2011 - 07:28 UTC

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The Brazilin currency rallied more than 1.0% on Friday closing at its strongest level since August 21, 2008. The Real jumped 1.16% to 1.612 per US dollar. The gains came after a Reuters report that the government has decided to tolerate a Real trading stronger than the 1.65-per-dollar market in the short term. Read full article

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Economic democracy self-defense at work..............
Apr 03rd, 2011 - 07:12 am - Link - Report abuse 0
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