Brazilian currency falls amid rising investor worries and political turmoil

Thursday, June 7th 2018 - 09:04 UTC

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The Brazilian currency has fallen to its lowest level against the dollar in more than two years, amid rising investor worries over recent economic and political turmoil. The Real is down 14% this year, near its lowest levels since March 2016. On Wednesday in New York, the dollar bought 3.8534 Reais, versus 3.8087 Reais late Tuesday. Read full article

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:o))
REF: “rising investor worries”:

According to Bloomberg; absolutely NO reason to worry about ANYTHING:
https://www.bloomberg.com/news/articles/2018-06-06/el-erian-warns-brazil-may-be-next-domino-as-em-contagion-spreads?cmpid%3D=socialflow-twitter-tictoc&utm_campaign=socialflow-organic&utm_content=tictoc&utm_source=twitter&utm_medium=social
Jun 07th, 2018 - 04:22 pm - Link - Report abuse 0
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