ABU DHABI/WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Brazilian currency drops again
La Paz / Bloomberg Brazil’s real weakened after the central bank intervened amid comments by acting President Michel Temer that signaled he’s worried about the currency’s world-beating rally this year. Temer said Brazil needs to maintain a balanced exchange rate, neither too weak nor too strong, Valor Economico newspaper reported. The monetary authority offered 15,000 of reverse currency swaps, ...
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