Brazil responds to its real problem
- 11 years ago
Brazil is the latest country to have to launch drastic measures to shore up its national currency.
After the currency - the real - slipped to near five-year lows against the dollar - down 15 percent this year - the central bank pledged $60 billion (44.8 billion euros) worth of cash and insurance to the foreign-exchange market by the end of the year.
...
http://www.euronews.net/
After the currency - the real - slipped to near five-year lows against the dollar - down 15 percent this year - the central bank pledged $60 billion (44.8 billion euros) worth of cash and insurance to the foreign-exchange market by the end of the year.
...
http://www.euronews.net/