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MercoPress, en Español

Montevideo, November 15th 2024 - 09:46 UTC

Tag: Investor worries

  • Thursday, June 7th 2018 - 09:04 UTC

    Brazilian currency falls amid rising investor worries and political turmoil

    Driving the currency’s decline are apprehension over recent labor unrest, shaky economic growth and a presidential election slated for October.

    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.