Latinnews Daily - 21 May 2004
BRAZIL: Real slumps
The markets were not pleased by the central bank's decision, announced on 19 May, to hold interest rates at 16%. On 20 May the Real slumped to its lowest level in a year: $3.21 against the dollar.
End of preview - This article contains approximately 150 words
Subscribers: Log in now to read the full article
Not a Subscriber?
Enquire Now