Brazil’s currency, the real BRBY, lost 2.44-percent to 1.71 per greenback as the US dollar strengthened. This is lowest point since April as markets sank across the globe. Analysts said the global drop in equities – led by a Dow that fell more than 344 points – sparked the losses for the Brazilian currency. “There [...]

September 4th, 2008 | Tags: bovespa index, brazil's currency, brazil's real, european central bank, european central bank president, jean-claude trichet, real brby, sao paulo stock exchange | Category: Business and Economy | Leave a comment