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Brazilian Real Rebounds on Domestic and Global Optimism

Written By Umair Ali Sarwar on Monday, November 2, 2009 | 8:00 PM


The Brazilian had one of the sharpest climbs versus the U.S. dollar today as both the domestic and international economic scenario set the risk appetite high increasing appeal for emergent market currencies, and setting the greenback down versus most of the 16 main traded currencies.

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