Archive for October 13th, 2009

Brazilian Real Nears Record High Against Dollar – 734th Edition

The Brazilian Real has been the world’s best-performing currency against the Dollar in the year-to-date, having risen 32% through the beginning of October. At this point, a mere 8% rise would send it crashing through the high that it touched uses of lasix last summer, prior to the collapse of Lehman Brothers.

The currency has [...]

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